Right. I run into a lot of people who will argue passionately about how stupid it is to pay down your low interest mortgage early given alternative investments.
At the same time, many of them will not agree that taking out a HELOC so you can play the stock market is a good idea.
The two situations aren't really equivalent given liquidity, etc. But at the margins they're pretty much the same thing.
At the same time, many of them will not agree that taking out a HELOC so you can play the stock market is a good idea.
The two situations aren't really equivalent given liquidity, etc. But at the margins they're pretty much the same thing.