On Wed, 20 Aug 2008 17:31:58 -0400, "D.Duck" wrote:


"John H." salmonremovebait@gmaildotcom wrote in message
.. .
On Wed, 20 Aug 2008 17:17:06 -0400, BAR wrote:

John H. wrote:
Would it be a wise move to take out a loan on your home to buy stocks?

If you have a mortgage, no.

Wouldn't a home equity loan be the same as a mortgage? (In all but name.)

Would it be a wise move to sell stocks to pay off a loan on your home?

If you have income, no.

Why? Assume the individual does have income sufficient to pay the monthly
mortgage payments. Why should he do so?


--
** Good Day! **

John H

Because you giving the mortgage holder interest.

Exactly. And I'm only getting 30% of it back (on a good day).
--
** Good Day! **

John H