The month of May 2021 has not been kind to those who invest in crypto or the stock market. No one seems to know why the stock market is free falling. Meanwhile, China outlawing crypto in financial institutions and Elon Musk’s tweets have caused nearly all crypto currencies to collapse as much as 50% in value. I have been avoiding checking my M1 Finance, Webull, Robinhood, and Betterment brokerage accounts because I don’t want to deal with the stress of losing money.
On the other hand, real estate is doing well. Interest rates are slowly going up, but the demand in real estate is staying strong. Real estate does go up and down, but not to the degree of the stock market or crypto. Overall real estate trends upward and is not considered a volatile market. This is one of the reasons why I believe in Velocity Banking.
Velocity Banking encourages you to put all of your savings into real estate whether it’s your home or your investment property. The amount of mortgage interest you save in paying additional principal is often way more than the money you could make in the stock market or crypto. For example, I am using Velocity Banking to pay off my 30-year mortgage in only 6 or 7 years. I expect to save over $100,000 in mortgage interest. If I decided to make the minimum mortgage payments and instead invest everything into the stock market, I would not have made an incredible profit of $100,000 over the same 6 or 7 years. I probably would have earned half by investing in the stock market rather than investing in my real estate. To learn more about Velocity Banking, subscribe to read next week’s Velocity Banking post, or check out this Velocity Banking Thread.
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