How to Pay Off Your Mortgage Early with Investing | Part 3

If you want the opportunity to do something similar, watch the video below because this one is for you. 

This is Part 3 of the journey. If you missed the first two videos, check them out below.

Part 1 - Click here
Part 2 - Click here

See how YOU can do something similar with options trading. 

There was no "luck" involved in this trade I used to pay off my mortgage. 

I have been trading since I was about 18 years old, and over the years have honed in my style and strategy with trading, particularly with options. 

I have also been teaching for about 5+ years in Power Trades University.

We tell our students to always look for a PRP:

Predictable,
Repeatable
Pattern

If you look at a stock chart, for example DOCU (DocuSign, what I did the trade with)

I recognized the pattern. 

And instead of buying the stock, I bought the option. 

The option contract controls 100 shares of the company, rather than purchasing it. 

I could do this at $200K instead of $3.8 million because option trading controls the shares for an amount of time for a lower price. 

This stock had done well with fundamental research as well. 

So it checked all of the boxes that it needed to potentially be a profitable trade:

1. Fundamentally sound
2. Had a PRP
3. Had the right strategy (option instead of buying a stock)

That allowed me to make $400K of pure profit. 

(To find out more about option trading, click here for a brief video explanation or check out our in-depth premium courses by clicking here)

Some people have asked me: "Why didn't you take that profit and keep trading with it instead of using it to pay off your house?"

Well, the average American has a 30-year mortgage, and with interest by the time they finish paying it off, they usually pay DOUBLE the cost of their house. 

So really by paying off my house, I was able to acquire more income because over time I would not have to accumulate interest. 

I double my investment by doing so. 

If I ever wanted to pull that money back out I could. I could play the bank to myself, by getting a mortgage on my house. 

I did a "wealth transfer". 

That's where being financially literate comes into play. 

You have to take a look at your money as a whole, not just trade. 

The first thing you need to do is get good at finding potential patterns to trade and invest in. 

I can't stress this enough - you NEED to know how to read stock charts well. 

You also need to learn how to apply the correct strategy. 

The bottom line is:

There are a ton of ways to get the money once you have the skill. 

Many people don't get the skill because they don't have any money. 

But once you have the skill, you will know how to get the money. 

I have faith in YOU. Put the work in and learn the how to read charts and the right strategies, then the money will follow.