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re: Refi- cash out
Posted on 11/7/19 at 7:53 am to FMtTXtiger
Posted on 11/7/19 at 7:53 am to FMtTXtiger
quote:
Wise move with rates so low?
IMO, it would make more sense to take the money you would save by refinancing and not taking cash out and invest it every paycheck or monthly. regular, consistent investing is a fairly proven method. You eliminate the increased risk of a lump sum investment that you would do immediately following your refinance and you eliminate the reduced gains due to paying interest on your financed investment contributions.
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