We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com <\/p>\n\n\n\n
**This post may contain affiliate links, and we may be compensated if you make a purchase after clicking on the affiliate and\/or partner links. <\/p>\n\n\n\n
QUESTION 1<\/strong><\/p>\n\n\n\n From Lacy – Am I crazy or is it consistent with what you know that high yield savings accounts I heard about Paying off the house early but with a different strategy.\u00a0 Basically opening a brokerage account and putting extra money into that and then when the fund grows large enough to pay off the house to use it on that.\u00a0 Can anyone go over the pros and cons of this strategy as opposed to Paying down the mortgage directly?<\/p>\n\n\n\n QUESTION 2<\/strong><\/p>\n\n\n\n Do you guys have a \u201cback up\u201d car in case you need it? My husband and I have three cars (all paid off) and I\u2019m trying to convince him to sell one and he\u2019s afraid to in case we might need it. We are debt free and rebuilding our emergency fund. But I just feel like we don\u2019t need it and can get a good amount of cash for our third car with the shortage.<\/p>\n\n\n\n QUESTION 3<\/strong><\/p>\n\n\n\n I am seeking advice. Should I be exploring the possibility of buying a newer car with low miles or drive my 2012 Malibu with 110k miles.\u00a0 My car is well maintained . No issues.i am driving 240 miles of interstate once a month to check on my mom. I bought my Malibu new and I have been the only driver. No accidents<\/p>\n\n\n\n QUESTION 4<\/strong><\/p>\n\n\n\n I have $10k to invest. But I can\u2019t decide if I should open a brokerage account or a cash management account with Fidelity. If brokerage, what funds should I invest in. Be kind with your comments. I am new into investing.<\/p>\n\n\n\n Sponsored by Choice Realty Connect :<\/strong> https:\/\/choicerealtyconnect.com\/<\/strong><\/a> when you are wanting to buy or sell a home, condo or any type of property. Trust Amanda to help match you with up to 3 top agents in your area.<\/p>\n\n\n\n BESTOW – Fast, Free Quote on affordable online term life insurance. No exam, no waiting, no hassles: <\/strong>https:\/\/tinyurl.com\/y79pywmw<\/strong><\/a><\/p>\n\n\n\n WEBULL – Get 1 FREE stock valued up to $1,200 here<\/strong>: https:\/\/act.webull.com\/kol-us\/share.html?hl=en&inviteCode=HvpbX35EsVmn<\/strong><\/a><\/p>\n\n\n\n Website: <\/strong>https:\/\/netcast.one\/rotm2\/<\/strong><\/a> We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com **This post may contain affiliate links, and we may be compensated if you make a purchase after clicking on the affiliate and\/or partner links. […]<\/p>\n","protected":false},"author":1,"featured_media":2950,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"episode_type":"audio","audio_file":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2021\/12\/ROTM-EP150.mp3","cover_image":"","cover_image_id":"","duration":"18:30","filesize":"18 MB","date_recorded":"2021-12-15","explicit":"","block":"","itunes_episode_number":"150","itunes_title":"Crazy strategies to paying off your mortgage faster; Should you own a backup car; How to invest $10,000 today!","itunes_season_number":"","itunes_episode_type":"full","filesize_raw":"19117391"},"tags":[142,167,168,182],"series":[234],"coauthors":[284],"episode_featured_image":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2020\/10\/ROTM-EP82-mp3-image.jpg","episode_player_image":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2020\/04\/album-rockonthemoney1410-10.jpg","download_link":"https:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-download\/3238\/ep150-crazy-strategies-to-paying-off-your-mortgage-faster-should-you-own-a-backup-car-how-to-invest-10000-today.mp3","player_link":"https:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-player\/3238\/ep150-crazy-strategies-to-paying-off-your-mortgage-faster-should-you-own-a-backup-car-how-to-invest-10000-today.mp3","audio_player":"\n
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