Where to Store Home Equity
The last four episodes have proven that home equity fails every test of a wise investment and that no one can say that paying off your mortgage is a conservative strategy. So, if you are not going to pay off your mortgage, where should you be storing/building up your home equity? This episode will introduce you to the concept of the Equity Savings Account. We need a place to store home equity that is Liquid, Safe, earning a good Rate of Return and provides Tax Deductions – I found it!
Included in this episode:
- Home equity planning really says, where should I keep my home equity?
- I just did 4 episodes that show you that having home equity is not a wise financial investment
- Home equity is not conservative
- So where do you put home equity if it is not inside the house?
- Balance Sheet Method from “Two Ways to be Debt Free: Mortgage Planning” eBook
- 16 common investments —
- Buy the book Missed Fortune 101, by Douglas Andrews to learn more about home equity
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Charlie, your host:
“Charlie Jewett is an Author, Speaker, Podcast Host, Consumer Advocate, and Investment Advisor from San Diego, Ca. Charlie has spent the last eleven years trying to change the way the industry professionals and consumers think about Retirement. Charlie provides education materials that help people to create their own financial plans and offers services to protect consumers from the bad guys in the Financial Services Industry.”