Maybe 4plexowner wants to tackle this? He is a big fan of Griffin’s book, “The Creature from Jekyll Island”.
I can’t tell what the consensus is exactly, but I hear many perspectives from piggs which conclude that it is not wise to pay off a house prematurely. The reasoning being that the mortgage,including tax rebate program, is cheaper than one can capitalize money otherwise.
No one has defended paying off the house yet, so maybe they are right? I paid my mortgage off. However, this decision was based on my earning and spending habits rather than an in depth cost/benefit analysis.
I know your point is that you want feedback on this program. Yours truly can’t defend it or denounce it.Even if it has the potential to function properly, it would never work for me because of the attention/discipline necessary, as compared to other strategies,namely, don’t stretch to buy and send mo money.
Edit: Damn that took me a while to type 4 little paragraphs. Hello 4plexowner. BTW if this is bogus would it make you more skeptical about the book?
