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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: JimisJim who wrote (20879)	10/10/2014 1:11:23 PM
From: LTBH	Read Replies (3) \| Respond to of 34328

If don't have the ability to borrow (sufficient equity at TODAYS appraised value) then it really is moot what the interest rate. Also I heartily disagree about reserves not depreciating ... much of the oil (US anyway) produced today is done so at historically high dollars ... so when price of oil goes down like it has more and more oil is no longer economical to produce. Therefore although the oil is there, for loan purposes its worthless at todays pricing and your creditor will most assuredly ensure your credit line reflects this .... last couple of months have presented some very big pricing decreases which will be reflected in significant credit line decreases. These in turn will have the predictable impacts on oil MLPs. For sake of discussion, ignoring any special Fed programs, think housing market, folks bought at high prices ... prices went down and they were underwater ... Fed took interest rates very very low but no bank was gonna loan money on those assets that were now valued lower even if they believed the value might be higher someday. So folks had homes but couldn't get those cheap loans. Luck LTBH