Buying stocks specifically to pay off mortgage.

[Maurice Reynolds]

Im currently thinking of buying stocks to pay off my mortgage. I’ve gotten at least 70% returns in my two portfolios I’m currently paying an extra 2500 a month in principal payments. My mortgage is 2450 a month. I owe 235k. I’ve been thinking about starting an investment account and investing the 2500 a month. Until I get enough to pay off my mortgage then I would make one big payment to pay off the mortgage.

When I do my calculations at the rate I’m paying it would take 5-7 years

If I invested the 2500 a month  according to a compounding interest calculator I could have it paid off in 2-4 years with a minimum return of 40% 

Thoughts?

[Maurice Reynolds]

@Ben Zimmerman

Apple returns for the past five years 387%

Amazon returns the past five years are 378%

Square the last five years is 1,783%

Facebook the last five years is 159%

Warren buffet has 49% of his money in apple

It’s extremely realistic just look it up. I’m not a guru I own two restoration companies and I’m not bragging either. These are my core group of stocks yes I have a few others buts this is it. I’ve only invested in these stocks the past five years and yes my returns are all over 70%!

It’s not rocket science!