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First recorded activity by BoatBanter: Jun 2008
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Default Financial question...

Blood suckers all of them. If your are smart enough to earn or otherwise
accumulate the dollars, why would you let a commissioned self serving leech spend
your money.

"John H." wrote:

On Wed, 20 Aug 2008 17:02:22 -0400, "Eisboch" wrote:


"John H." salmonremovebait@gmaildotcom wrote in message
.. .
On Wed, 20 Aug 2008 16:34:07 -0400, "Eisboch" wrote:


"John H." salmonremovebait@gmaildotcom wrote in message
...



Would it be a wise move to take out a loan on your home to buy stocks?

Hell no!

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

Possibly. Depends on the details of your situation.

Eisboch


What details would be necessary? Perhaps a better idea of the details to
consider would be of big help.


Other than the cursory opinion I offered, I am in no position to advise
anybody on their personal finances.

If you are serious, you should talk to a certified financial planner.

Me? I avoid them at all "costs".

Eisboch

The trouble with the certified financial planners all have something they
want to sell.

What I'm looking for are the criteria by which such a decision should be
made, or even ideas.
--
** Good Day! **

John H


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Default Financial question...

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.

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


If you have income, no.

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Default Financial question...

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
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Default Financial question...


"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.


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Default Financial question...

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


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Default Financial question...


"John H." salmonremovebait@gmaildotcom wrote in message
...
Would it be a wise move to take out a loan on your home to buy stocks?

Would it be a wise move to sell stocks to pay off a loan on your home?
--
** Good Day! **

John H


No. The return on stocks is not enough greater overall than the interest
rates at the present time. If you are going to risk capitol, at least get a
good rate of return.


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