Financial question...
"John H." salmonremovebait@gmaildotcom wrote in message
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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?
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** Good Day! **
John H
Because you giving the mortgage holder interest.
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