Own your home sooner and build a portfolio through Debt Recycling
Debt recycling is the process of replacing mortgage debt, or bad debt, with investment debt, which is known as good debt.
This strategy enables investors to start building wealth while they’re still paying off their home. As equity is built up in their home, funds are re-drawn and invested. Income from these investments can be used to further reduce the mortgage balance, while the growth component contributes to wealth accumulation.
Click on the video below to see an “illustration” of debt recycling in action.
AGS Financial Group can help you with all aspects of a Debt Recycling strategy – from overall strategic advice, to mortgage review and implementation, to investment selection, accounting and ongoing portfolio maintenance. To find out what a debt recycling strategy could do to improve your financial future, contact AGS Financial Group today.