dm
Full time employment: Posting here.
30 yr fixed rates are around 5% now. I'm starting to think about refinancing my paid for home and invest the money. I havn't run the numbers yet, but has anyone else started to look at this?
I believe in the long run the market will improve, and inflation will kick up again. I would invest the money fairly conservativly. Something like 30% index funds and the rest MM, Bond funds, and some RE or REITS.
My wife is still currently employed, she is 48, and doesn't plan on retireing for a few months yet. So I don't think we would have a problem getting a loan. Also our home is only around 10-15% of our net worth, so we are really not betting the farm.
I believe in the long run the market will improve, and inflation will kick up again. I would invest the money fairly conservativly. Something like 30% index funds and the rest MM, Bond funds, and some RE or REITS.
My wife is still currently employed, she is 48, and doesn't plan on retireing for a few months yet. So I don't think we would have a problem getting a loan. Also our home is only around 10-15% of our net worth, so we are really not betting the farm.