Thanks for the video. But I feel you should pay off your bond as soon as possible. Thereafter you can invest properly. It doesn't make sense investing extra money while you pay a bank interest. Once your house is paid off you can also rent out the outbuildings and receive additional cash from your property. All debt should be paid off, then you'll have so much of cash flow

Worth considering but the problem here is investment returns are not guaranteed whereas your bond installment and interest is a given. Definitely worth a thought though.

Oh my God, I love this...I wished I met you sooner for this wisdom but never too late.

Great contribution. However, the biggest challenge for most people is lack of financial education and using emotions to buy or invest. However, buying property and paying a bit more than the minimum bond repayment can be said to be accidental investment. You benefit from (i). Debt paid down; (ii), Interest saved; and (iii). Increase in your equity on the property due to property value appreciation. The most important thing is not to pay only minimum payment on your bond repayment but always pay a little bit extra. You could end up having hundreds of thousands in equity which you can use to upgrade your lifestyle, take kind to varsity or invest in assets such as property.

Congratulations on ur pregnancy!!! And thanks a lot for your advice, I'm in a bad financial position right now but I am hoping to change it along this year! I am becoming 30 so it's about time!! Thanks for sharing Mapalo!

Very insightful. Thank you!

Thank you soo much sweetie this is very informative and I really needed to hear this ❤️❤️❤️❤️

Thankyou for the valuable advice Mapalo . It was awesome

This was so good, thanks

Thank you so much for breaking down the numbers 😉

I always enjoy your content. Love your book!

this is some good advice

I think a fair calculation is to also consider the excess money one will have for 5 years after they paid off their bond in 15 years.

Congrats well explain

l'm expectant of the content....thank you for this wisdom.

Thank you so much for this valuable insight. I guess one does not need to go with emotions when it comes to money.

Thanks a lot Aus

This was sooooo good.

Thanks for this. A question I always battle with. I always find myself switching between the two. It seems so great to be debt free but as you showed the numbers does not lie.

Congratulations and all the best with baby❣️

Powerful

what if i split the amount into bond and investment ? Thanks again for another informative vid. Congrats on your pregnancy!

You do both of you have R2000 extra a month to invest, pay R500 to the bond as extra payment and invest R1500 every month. Then use 50% of the profit from your investment to pay extra to the bond and 50% for investing. Don't forget to have tax free savings and RA to reduce your tax.

Congratulations on the pregnancy, I've been noticing the gains...now I see why😋 Please suggest the equities I can invest in with good returns, to grow my wealth

The question is, do you solve for guaranteed debt vs non-guaranteed investment returns. Also when paying off your debt, your capital secure and accessible whereas in investments your capital is at risk and not that easily accessible. My suggestion is to rent the property you consume and use the savings to invest in diversified assets such as property itself and stand a chance to earn passive income by using good debt and paying that off for additional income.

You look good mama

The comparison is a bit flawed. If I save 200 000 by putting 1k extra on my bond and paying my bond in 15 yrs. I can invest the money I would have used for the hl. Inveating is still the vetter option, vut tge difference is not as big as the scenario given

Defeats the purposed of the video becos your doing both, investing and paying off bond. Also u don't take into account variable prime interest, market volatility and savings interest change into account

This is bad advice in the SA context. As some one who buys houses and knocks the bond in 2 to 5 years, ive found that the supply is extremely high and the interest rate is extremely unpredictable. the supply is high cos of banks REPOs right now in SA, there have been a total defaulters of around 80 billion for loans rand. dont take her advice. pay your bond off or whatever debt you have. trust me, you dont wanna see guys like me me at your house auction when u cant pay as i will bid low and good chance of winning and then you will have to pay that excess that is still owed to the bank.Its sad that people dont focus on paying their debt of and DONT BUY A CAR on your bond too. job uncertainty, extremely high costs of living, rising interest rates and insurance etc, just pay that bond off