A Utah Business Opportunity Apt for Everyone

A unique business opportunity that enables you to make money off your mortgage.
I have to admit I used to be rather skeptical about anything that claimed to be a profitable "business opportunity" or "prospective investment." I mean, if those don’t have scam written all over them, I don’t know what does. Not to say that all of those "opportunities" out there are definitely fraudulent scams meant to beguile unsuspecting individuals (as I soon found out) but I definitely had my reservations. So needless to say I was quite agnostic when my husband came home one day saying he had discovered the perfect business opportunity for us, right here in our very own Utah. Though I was not the least bit interested in his spiel about this new discovery, I decided to be polite and appease him by listening.

As for most people, out mortgage is the biggest debt we have acquired thus far. Both my husband and I are very conservative in our spending habits and the selective debt we choose to incur, so we have always dealt with our mortgage payments prudently. In doing so, most months we paid substantially more than the minimum payment in hopes of paying off the mortgage much sooner than 25 years and to avoid any possible risk of being delinquent on any payments.

This Utah business opportunity my husband seemed so fond of did sound rather simple. Instead of putting additional money towards the mortgage payments, we would pay just the minimum. Then that additional money that would have gone towards the mortgage was put towards carefully chosen investments (often within the real estate industry). The idea behind the whole thing was to gain not only a nice home after paying off the mortgage, but having additional income gained from wise investments.

It has been awhile since my husband first pitched his idea. With assistance from experienced and knowledgeable financial advisors, we have been dutifully following the plan. So far, it has proven profitable and we have already seen returns on some of our investments. It is true it will take much longer to pay off the mortgage, but whether it takes 20 years or 30 paying only the minimum payments, the monetary worth of the home will remain the same.

A self-proclaimed skeptic at first, this opportunity has provided my family and me with financial flexibility that allows us to live comfortably and contentedly. At the end of our mortgage, we will not only own our beautiful home but have a substantial supplementary income made from our investments.

By Kate Nielsen
Published: 6/23/2007
 
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