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Challenging Your Confirmation Bias, with Economist Larry Kotlikoff

Afford Anything

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The Best Asset Class Is Paying Off Your Debts

Professor Kotlakov says that the best asset class is paying off your debts. Even in a low interest rate environment, there is an argument to be made in favor of paying off a low, fixed rate loan such as a mortgage or student loan. He states that paying off your debt will still get you a better return than ta bills or long term bonds.

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