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Should I Use My Home Equity to Invest in Stocks? - Ask a Financial Advisor
In my "Ask a Financial Advisor" series, I answer questions sent in by my clients and viewers. Here is a common question we have been receiving:
“The value of my house has gone up significantly due to the increased demand we see all across the country and more specifically, my area.
My question is this: Because we don’t have much in the way of investments, should we borrow money from the inflated equity in our house to buy stocks?
What are the risks involved and what should we be considering?”
Listen to this episode to find out my answer!
Check out my website: https://www.sidmisra.net/
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My YouTube Channel: https://www.youtube.com/channel/UCZBF
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Connect with me on LinkedIn: https://www.linkedin.com/in/sid-misra/
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By Sid Misra, Certified Financial Planner™In my "Ask a Financial Advisor" series, I answer questions sent in by my clients and viewers. Here is a common question we have been receiving:
“The value of my house has gone up significantly due to the increased demand we see all across the country and more specifically, my area.
My question is this: Because we don’t have much in the way of investments, should we borrow money from the inflated equity in our house to buy stocks?
What are the risks involved and what should we be considering?”
Listen to this episode to find out my answer!
Check out my website: https://www.sidmisra.net/
----
My YouTube Channel: https://www.youtube.com/channel/UCZBF
----
Connect with me on LinkedIn: https://www.linkedin.com/in/sid-misra/