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#1
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posted to rec.boats
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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 |
#2
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posted to rec.boats
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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. |
#3
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posted to rec.boats
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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 |
#4
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posted to rec.boats
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![]() "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. |
#5
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posted to rec.boats
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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 |
#6
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posted to rec.boats
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![]() "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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