Paying Your Car Note with Mortgage REITs
ebook ∣ It's Time to Pay Your Bills with Dividends: Suberp Investing, #10 · Suberp Investing
By Joshua King
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I hate car payments with a passion. I have $8,800 remaining on my third car, and I'll be done with these payments for at least 4-5 years.
The problem with car payments is that cars are liabilities. If you keep a recurring car payment, you prevent yourself from leveraging compound interest to your advantage.
I now earn $2,400/month in dividends that I can use to pay for my car payments for the rest of my life. Dividends are the heart and soul of my financial journey.
Mortgage REITs offer 10-15% dividends with little or no price growth. However, I am perfectly fine with the large amount of dividends I can use to pay for expenses. Receiving these dividends makes me very happy. Good Luck!
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