The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Hm.EquityLn.Reinvestment||Date: 10/13/1997 4:44 PM|
|Author: obe1||Number: 503 of 121218|
<< Motley Fool,
Generally speaking can there be money made by taking out a home equity loan and reinvesting it in the stock market? Taking into consideration all the costs for the loan,interest,tax implications/advantages,inflation and
the current stock market returns.
Interest rate 8.99% 60 month loan
$50 PREPAY FEE
No Appraisal Fee
$50 Process fee
Tax deduction for home equity loan ????
Tax paid on capital gains ????
% of return expected annually 15%-20%
Is this an UNfoolish thought?
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