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FMtTXtiger
Member since Oct 2018
550 posts

Refi- cash out
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?


notsince98
Missouri Fan
KC, MO
Member since Oct 2012
11169 posts

re: Refi- cash out
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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Hudson00
Member since Feb 2017
115 posts

re: Refi- cash out
I wonder if anyone tried this strategy in 2007
This post was edited on 11/7 at 8:12 am


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