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Jun 1, 2015
Borrowing From Peter To Invest In Paul: Does Borrowing Against Your Home To Invest Make Sense? - Part 1
To quote an oft-repeated line from Hamlet, “Neither a borrower nor a lender be”. To many of us, like my grandfather, these are words to live by (particularly the bit about not borrowing). Traditional wisdom suggested saving until you could pay in cash and, if you had to borrow to buy something like a home, moving heaven and earth until you owned a clear title. As for me, I don’t see things as nearly that clear- cut. While I agree that saving for the future is a wonderful...