The economist called an unusual way to pay off mortgage and housing payments

Bonds can serve not only as a capital preservation tool, but also as a source of regular payments to cover mortgages, loans, or utility bills. Olga Gogaladze, an economist and founder of the Pro.Finansy school of financial literacy, told about this in an interview with the Prime agency.

According to her, an investor purchases debt securities through a broker and, as a rule, receives coupon income twice a year. The funds are automatically credited to the brokerage account after the tax is withheld. These payments can be used as predictable passive income for regular mandatory spending.

"On the set date, a fixed amount is automatically debited from the account. By the time the mortgage period ends, both real estate and investment capital will remain," Gogaladze explained.

Such a scheme becomes especially advantageous if there is a preferential mortgage. According to the expert, the average yield on bonds is now about 14%, while the rate on preferential programs is about 6%. The larger the investment amount, the more tangible the benefits, the economist emphasized.

The news is being updated