Page 1
Page 1
Started By
Message

Refi- cash out

Posted on 11/6/19 at 10:46 pm
Posted by FMtTXtiger
Member since Oct 2018
3735 posts
Posted on 11/6/19 at 10:46 pm
Has anyone ever taken money out of their house to invest it b/c you think you can make more on the money then the loan rate?

Wise move with rates so low?
Posted by notsince98
KC, MO
Member since Oct 2012
17999 posts
Posted on 11/7/19 at 7:53 am to
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.
Posted by Hudson00
Member since Feb 2017
187 posts
Posted on 11/7/19 at 8:11 am to
I wonder if anyone tried this strategy in 2007
This post was edited on 11/7/19 at 8:12 am
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram