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D.Duck D.Duck is offline
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First recorded activity by BoatBanter: Dec 2006
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Default Financial question...


"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.