Patrick Stark

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Last quote by Patrick Stark

While some people may claim that they can make 8 [percent] to 10 percent in the stock market while the mortgage may cost them only 3 [percent] to 4 percent, tread carefully. While long-term historical averages can be that high, as investors we earn our returns day by day, not in 50-year chunks. The market can stay irrational longer than you can stay solvent.feedback
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Jun 22 2017
Patrick Stark has most recently been quoted in an article called Pros and cons of paying off mortgage before retirement. Patrick Stark said, “For those with sufficient assets to weather stock market volatility, using a mortgage to free up assets provides leverage to capture the higher returns that the equity markets have historically provided over the long run.”. Patrick Stark has been quoted a grand total of 3 times in 2 articles.
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