Use a mortgage to fund a mutual fund investment for cash reserve? related questions

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Use a mortgage to fund a mutual fund investment for cash reserve?0malna2012-08-27 04:38:03
As rates continue to fall , I'm considering: MedlinePlus My house will appraise for ~ 500,000 MedlinePlus I now owe $ 200,000 in year 5 in a stream of 30 years [email protected] % . MedlinePlus MedlinePlus I spent the last five years by paying the mortgage debt ( my only debt ) as fast as possible . Should I use my 300k to finance capital invetment plan ? MedlinePlus I'm thinking : MedlinePlus 1) Take a $ 350,000 loan for 30 years (hopefully , 5% ) MedlinePlus 2) Pay a monthly mortgage of $ 2,000 ~ MedlinePlus 3) Place the $ 150,000 to a conservative mutual fund to earn a modest 8 % interest . MedlinePlus MedlinePlus Taking into account the tax benefits of mortgage interest , the numbers look promising . I understand that mutual funds do not automatically return to 8% . Some years may lose and some years can get 16% or more . Is average. MedlinePlus MedlinePlus The numbers will create a nice cash reserve in about 5-10 years, which is comforting . MedlinePlus MedlinePlus Does this make sense . The figures suggest so, but do not know if I'm missing something . I have a separate IRA retirment MedlinePlus MedlinePlus Any suggestions ?
Use 30yr mortgage to fund mutual fund investment/retirement?0Sariah2012-10-14 11:18:59
As rates continue to fall , I'm considering: MedlinePlus My house will appraise for ~ 500,000 MedlinePlus I now owe $ 200,000 in year 5 in a stream of 30 years [email protected] % . MedlinePlus MedlinePlus Overall I am very financially conservative and have spent the last five years by paying the mortgage debt ( my only debt ) as fast as possible ( an extra $ 500/month towards princ . ) . MedlinePlus MedlinePlus Do you have the following meaning : MedlinePlus 1) Take a $ 350,000 loan for 30 years (hopefully , 5% ) MedlinePlus 2) Pay a monthly mortgage of ~ 2000 MedlinePlus 3) Place the 150,000 in a mutual fund to earn interest conservative modest 8 % . MedlinePlus MedlinePlus Taking into account the tax benefits of mortgage interest , the numbers look promising . I understand that mutual funds do not automatically return to 8% . Some years may lose and some years can get 16% or more . Is average. MedlinePlus MedlinePlus The numbers will create a nice cash reserve in about 5-10 years, which is comforting . MedlinePlus MedlinePlus Does this make sense . The figures suggest so, but do not know if I'm missing something . MedlinePlus MedlinePlus Any suggestions ?
Which Mutual fund or GIC or Investment plan has had the best return for you?0Teresa Joseph2012-10-11 06:56:48
My husband and I want to save up $ 10,000 so we can get a loan of $ 200,000 to build our house on his property ..... we invest in GIC to get a good return on our savings . There are only so many bank plans and financial planners and GIC and mutual funds to choose ... We researched online , but this is an important decision for us .... Is there anyone out there who has successfully received very good returns on your investments ? What plan / company chose? We plan to $ 1,000 / month to reach the $ 10,000 ... but that place / plan has the best performance ? Has anybody tried IGN live , think it's called ? The return is not seeking the best of the entire bank GIC and other places I've looked online .....
Money mutual fund Scam?1BrXce2012-08-29 09:46:03
I foolishly called Mutual Fund announces money by Montel Williams , short term loan , I was immediately denied within 20 seconds of the girl on the other end of the phone. They now have every single personal information about me . I do not trust them at all. What I can do about them with my information ? I'm more nervous because I was denied instant cash no reason. I feel cheated by these creeps
Stock and mutual fund question?0teas2012-09-02 07:05:04
What is the downfall of this idea? MedlinePlus If you took a loan from my 401k to 10k when the market is up 18 % since the beginning of the year and put the money in as low at -10 percent since the beginning of the year , it would be a good idea? Would you I can make money ? I can take a loan at 5.5 % interest and all interest is paid back to my account . In other words , I'm taking a loan from myself and pay interest back to myself . No taxes or other charges other then a fee of $ 125 to get the money . Out of my paycheck on a weekly basis on a payment plan of 5 years and can be paid in full at any time. Is this a good idea? People tell me its a bad idea, but no one can explain why . All the while still contrubuting 9 percent of my check in the plan. Someone explain why this is a bad idea please , because it seems so simple.
Is it better for me to invest my money in a mutual fund or to pay off my house early?3Iulia2012-08-29 03:42:04
Is it better for me to invest my money in a mutual fund or to pay my house off early? I refinance my house for a 15 year loan at 4.25 % APR. Every month I have about $ 500 extra. Is it better for me to invest that extra money in a mutual fund or to pay off my house faster. Thank you.
Is it better for me to invest my money in a mutual fund or to pay off my house early?2Javay2012-09-22 10:43:05
I refinanced my house with a 15 year loan at 4.25 % APR . Each month I have about $ 500 extra. Is it better for me to invest the extra money in a mutual fund or to pay my house faster . Thank you.
UK only. Are you allow to use ISA fund holdings as a collateral in a secured loan or mortgage?1manal2012-10-02 01:45:03
I am told that I can not for HSBC ..... my credit score is not great because I'm only earning minimum wage.
My parents want me to cash in my endowment fund?1Terrell2012-10-10 15:22:02
My parents set up a fund for me and that I would receive a fairly large amount of money when she turns 21 . I have 17 years and yesterday my mother asked me to take advantage of the policy and take the money early to give most of it to enable it to meet the expenses of the wedding of my sister . My parents had tried to obtain loans , but lenders will not give them anything . MedlinePlus I do not really want to give this money, I wanted to get his 21st birthday , because I knew I would need as I will be full-time college. My sister is getting married in September , 10 days before I went to college . I feel like I'm forced to give this money because I know my sister has been through a lot and is ecstatic about finally getting married but no one seems to take into account the fact that one day I will need that money ? MedlinePlus MedlinePlus My mother has said it needs around the bottom to cover but I can
Does anybody know if I can loan some cash against a pension fund I have? I have 2ninaprtyrtyvfbhf2012-09-03 05:18:02
I have
Why is there a huge penalty if I cash out my retirement fund, even though it's not guaranteed to be there?0gingerbeard862012-09-30 09:27:02
in 2035 and is losing cash as is ? Would not it be better if the money is transferred through my student loan debt , canceling both?
Pay off smaller lean or use cash for building emergency fund?1Bich-Thu2012-10-19 07:34:04
I have two liens on my house , the less tax at 8.5 % . It also has a car [email protected] % . I recently learned that he would inherit 12k later this year through the will of relatives . He wondered if he should pay the tax is lower or car loan or perhaps save money on CDs to create an emergency fund . I have $ 2,500 in credit card debt , but that is in a 0% APR card until February 2009 . Thoughts and suggestions would be appreciated? I have 25 years and works full time ( unit) .

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