Mortgage debt – the downsides of paying off early with Wharton Professor Michael Roberts
Episode Description
Watch the full Ripple Effect podcast episode at: https://whr.tn/3U0R8Np
EPISODE OVERVIEW Worried about your money? Wharton finance professor Michael Roberts is here to help with common-sense advice on mortgage debt, personal budgeting, and planning ahead. This episode is part of a series on getting a “Fresh Start" this new year.
PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.
Learn more at http://whr.tn/rippleeffect.
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Brief Summary
Paying down a mortgage can limit diversification and increase financial risk.
Key points
- The Risks of Paying Down a Mortgage Quickly. Paying off your mortgage fast can lead to being under-diversified in your investments.
