Quote:
Originally Posted by humandraydel
Sweeps and Steve - correct me if I'm wrong, but I thought both of you agreed that someone with a mortgage @ 4.5% should not prepay the mortgage and should instead invest? This is no different. The only problem is that the HELOC is variable - that would make me hesitant.
|
I disagree with them. I would borrow at 4.5% invest personally. I do see no difference really.
BUT this situation is very different. For one OP has a variable rate.
OP also wants to borrow simply in an attempt to time the market.
For both of those reasons I would have no desire to go that route.