Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Stonehenge who wrote (13537)	11/23/1997 10:14:00 AM
From: margaret tasset	Read Replies (1) \| Respond to of 27012

Good morning Stonehenge, You are welcome and I think that you hit it on the target as to what the bottom line is in making your decision. The thing that I think is probably very important to consider is the amount of money that you already have in equity of your home. That was really the deciding factor for me, as I did not want to risk that money in case of uncontrollable circumstances that could happen to cause a foreclosure. Another thing that you might also realize is that whatever you decide, you can always change at some later time. I have lately been considering getting a home equity loan for 5.9% interest and investing in the market, but I keep telling myself how wonderful it is not to have a mortgage payment every month. Also, with the money that you save on your motgage, you can put back in the market, maybe dollar cost average, especially with the volatility of late. When the market does go down very much like it has done some lately, I feel like I have some diversification by having money in equity. Also at some point in the future you can use that equity for a reverse mortgage, which at that time, would be like an annuity. Most people are going to tell you, like my investment counselor, that it is not a very good investment. I think a lot depends on your own personality, risk tolerance and feelings of security as well as your personal feelings toward your home. I know that it is a hard decision for you as it was for me. Good luck to you with whatever you decide to do. Have a good day. Go INTEL Margaret

To: Stonehenge who wrote (13537)	11/23/1997 12:57:00 PM
From: Sonki	Read Replies (2) \| Respond to of 27012

stone, how about pull more $$$ out of the house. 7.5 30yr. and get 8.5 bond. this way u r liquid and should the market tank u can take money out of bond and invest in stocks. otherwise, 7.5 for 30yrs is good money. 8% does not sound good. paying of weights is easy todo but w. a little thought u can achive more flexibility to for future. if u can get 8.5 in bond u r not risking ur mortage money. i have lot more to pay off on the house and i keep saying the same thing...i want to payup the mortgage but almost eveyone advises against it.