The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/i-cannot-spend-my-house-it-is-an-illiquid-31228829.aspx

Subject:  Re: Home Ownership not a good investment Date:  4/29/2014  10:32 AM
Author:  inparadise Number:  74889 of 76106

I cannot spend my house. It is an illiquid asset...

Nor can you "spend" a stock, at least without selling it. But you can borrow against both, either via margin or mortgage/home equity line of credit. We just took out a $100K line of credit against our home equity to use as needed.

IIRC, when you go for a mortgage, lenders will also look at stocks and mutual funds as "illiquid."

IP
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us