Mortgages:15 or 30 year note?

This is not tax advice! But, it is meant to cause you to think a bit about debt. Recently, I’ve been thinking about how the super fortunate among us are able to both “use” the bank and “be” the bank. Those of us who aren’t in that position need to determine how to best “use” the bank/leverage. Here’s one perspective. The most interesting paragraphs are the last four: https://www.djc.com/news/re/12044456.html?cgi=yes. Note that effectiveness of a 30 year note over a 15 year note assumes discipline, and ignores the use of a mortgage as a “forced savings plan.”