Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Invest your home equity?
Old 08-15-2005, 10:45 PM   #1
Dryer sheet wannabe
Join Date: Jun 2005
Posts: 20
Invest your home equity?

Yeah... I know - looks like a misplaced thread. But seriously, when titles like this are true then bubbles a' brewing.

2 funny news articles today correlate well... funny.

So Cal real estate went up a record 17% from last July to this July. As I've said before I feel crazy not selling - but I felt that way last year. So the craziness of waiting another year net me about $260 per day gain. Is that crazy! That's pretty hard to accumulate mula that fast legally doing absolutely nothing in terms of working at it. The article went on saying that as long as the regional job market is sound, the bubble has a source to sustain it indefinitely (kind of sounds like the rhetoric spread at the peak before the 1929 stock bubble).

Anyway, not caring much since I gotta live bicycle distance from work in a home (definite gotta) - I need to do a few things before I can pack up so I'll ride the wave a few more months (I hope). Then another article pops up that extra money in house equity should be taken out as it rises to a given portfolio allocation - and spread to stocks and bonds. Like a bubble needs another bubble. I guess that why they call 'em bubbles.* *

Is anybody else laughing a little at this one...



dimwit is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: How to Make $260/day Without Work
Old 08-16-2005, 12:32 AM   #2
Full time employment: Posting here.
TargaDave's Avatar
Join Date: Jul 2005
Posts: 588
Re: How to Make $260/day Without Work

So the author here didn't say anything about variable rate mortgages or bond maturiies. Just says if you have a large mortgage relative to equity increase your bond exposure.

So Joe/Jane Schmo with a "big" mortgage most likely has an adjustable rate, and according to the author should run out to buy bonds (I'm sure they'll go for 10-20 yr maturities for that extra half point), this all being done during a time where interest rates have to rise just to get back to neutral. Fuel to the fire

Ah yes, the $260/day CA orgy. Right up there with the $150+k/yr option grant love fest.

TargaDave is offline   Reply With Quote
Re: How to Make $260/day Without Work
Old 08-16-2005, 06:33 AM   #3
Thinks s/he gets paid by the post
Join Date: Jul 2004
Posts: 1,505
Re: How to Make $260/day Without Work

Is this spam? Looks like a spam email title to me.
azanon is offline   Reply With Quote
Re: How to Make $260/day Without Work
Old 08-16-2005, 07:47 AM   #4
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 39,196
Re: How to Make $260/day Without Work


After reading the post and the referenced URL, it doesn't appear to be spam even though it does have a spammy title.

Numbers is hard.

Retired in 2005 at age 58, no pension

REWahoo is offline   Reply With Quote
Re: How to Make $260/day Without Work
Old 08-16-2005, 11:56 AM   #5
Thinks s/he gets paid by the post
charlie's Avatar
Join Date: Mar 2004
Location: Dallas
Posts: 1,211
Re: How to Make $260/day Without Work

That $260/day is not real until you sell. You are just as likely to
lose $260/day in the next year, IMO.


charlie is offline   Reply With Quote
Re: How to Make $260/day Without Work
Old 08-16-2005, 01:04 PM   #6
Thinks s/he gets paid by the post
Join Date: Mar 2004
Posts: 2,067
Re: How to Make $260/day Without Work

The conservative selling price of my house and my small pension I will receive in 8 years are part of my financial spreadsheet but my activity flags is set to off for both. I don't consider either of them part of my real assets until I actually sell the house or begin receiving my pension.
I do occasionally turn the flags on and am thrilled to see the greatly increased value of my assets.
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: How to Make $260/day Without Work
Old 08-16-2005, 05:14 PM   #7
Confused about dryer sheets
Join Date: Aug 2005
Posts: 8
Re: How to Make $260/day Without Work

well the url of the link looks spammy... affiliate spam

guitarplayer is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Revolving debt, home equity I must have it now syndrome newguy88 Other topics 35 05-20-2007 11:29 AM
Advice on Home Equity Line of Credit Canadian Girl FIRE and Money 8 05-20-2006 11:14 AM
How many of you can RE now, but working because of children at home? yakers FIRE and Money 16 04-18-2006 11:44 AM
U.S. Government Rigging The Equity Markets? Donner FIRE and Money 57 09-15-2005 03:01 PM
Growth of Private Equity Funds rapoole FIRE and Money 8 04-15-2005 07:35 PM


All times are GMT -6. The time now is 07:25 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.