Does this strike anyone else as a really bad idea?
I’m in the middle of making a large batch of spaghetti sauce last week, and a commercial comes on for something called “Equity Repositioning.” The basic idea is to borrow against your house and invest the money in something else. Of course, that “something else” has to provide enough regular income to make the payment on your equity loan and be safe enough to ensure that you don’t lose your loan principal (and your house).
Sheesh. ..bruce..
Category: Economics, Main, Recession Watch
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