All Hokie, All the Time. Period.

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HokieForever

Joined: 10/06/1998 Posts: 17376
Likes: 6550


That's opposite of diversification


if the market tanks and I suspect it will, you have your money tied up until it rebounds. Where as what others says below you have equity you can pull from if needed. Additionally, unless you are going to invest in real estate ETFs (which yes comparing equity to investing is a stretch), you are putting all your eggs in one basket.

Tax implications, assuming 3-4% for home equity loan. Add in the taxes when you "sell", you better be hitting probably anywhere from 8-10% in the market to make significant enough money to make it worth it. Index funds average 7% over time, so you would have to pick some specific sector funds and/or individual stocks to make it worth it, imo.

Seem dubious and risky to me.

HokieForever

(In response to this post by HokieMacDaddy)

Posted: 10/25/2021 at 10:39AM



+1

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Current Thread:
 
  
Question for you investing types -- HokieMacDaddy 10/25/2021 10:22AM
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  VXNM VXNM VXNM VXNM ** -- BobG 10/25/2021 1:30PM
  VBNM -- WuhBuh-DC_Hokie 10/25/2021 4:02PM
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  The Dow and the S&P hit record highs today ** -- Brown Water 10/25/2021 7:00PM
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  Don't -- 1987Hokie 10/25/2021 11:45AM
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  Pork bellies ** -- Brown Water 10/25/2021 10:44AM
  That's opposite of diversification -- HokieForever 10/25/2021 10:39AM
  Looks like there is a diversity part of the equation -- turkeywinghokie 10/25/2021 10:37AM
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