Definition: Mortgage 365 is a term used in financial planning and investment strategies to describe an option that allows investors to reinvest a portion of their monthly income over a year, rather than using it immediately for debt repayment. The concept was popularized by Bill Gates in his book "Forbes: Making the World Go Round," where he discussed his approach to saving money over time. The term is often used to describe an investment strategy that allows investors to save a portion of their monthly income and reinvest it for later use as a debt repayment. This means that instead of using their monthly income directly to pay off debts or make home purchases, they can invest the proceeds into the stock market, real estate, or other investments with the hope of achieving financial savings. The term 'mortgage 365' is often used in conjunction with the term 'home equity,' which refers to the difference between the amount of money a borrower owes on their home mortgage and their monthly income. Home equity can be invested in various assets such as real estate, stocks, or other investments. By reinvesting the proceeds of 'mortgage 365' into these assets, an investor can achieve financial savings that would otherwise not have been possible. The term 'mortgage 365' is a popular investment strategy for many people who want to save money over time and use their income as a source of income.
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