http://investing.curiouscatblog.net/2006/01/10/how-not-to-convert-equity/ Wed, 20 Jul 2016 15:41:03 +0000 hourly 1 https://wordpress.org/?v=4.5.4 http://investing.curiouscatblog.net/2006/01/10/how-not-to-convert-equity/comment-page-1/#comment-3852 Tue, 02 Dec 2008 00:44:21 +0000 http://investing.curiouscatblog.net/2006/10/07/how-not-to-convert-equity/#comment-3852 […] The losses to retirement savings have been real, and large. The crazy claims people are reporting that are not even logically consistent however need to be challenged. It is such fuzzy thinking that gets us into such messes as the credit crisis in the first place: How Not to Convert Equity or How to Create a Credit Crisis. […]

]]> http://investing.curiouscatblog.net/2006/01/10/how-not-to-convert-equity/comment-page-1/#comment-3350 Mon, 16 Jun 2008 01:18:56 +0000 http://investing.curiouscatblog.net/2006/10/07/how-not-to-convert-equity/#comment-3350 In the last 4 months the discount rate has been reduced nearly 200 basis points, while 30 year fixed mortgage rates have fallen 18 basis points…

]]> http://investing.curiouscatblog.net/2006/01/10/how-not-to-convert-equity/comment-page-1/#comment-3203 Thu, 20 Mar 2008 15:50:53 +0000 http://investing.curiouscatblog.net/2006/10/07/how-not-to-convert-equity/#comment-3203 So what you should do now is what you should always do. Have cash savings. Pay off your mortgage (don’t over-leverage yourself – don’t take out equity just because you have some). Save for retirement…

]]> http://investing.curiouscatblog.net/2006/01/10/how-not-to-convert-equity/comment-page-1/#comment-1798 Sun, 27 Jan 2008 17:15:10 +0000 http://investing.curiouscatblog.net/2006/10/07/how-not-to-convert-equity/#comment-1798 But isn’t it really amazing how 4.4% is the historic low for mortgages over a month late? That seems really high too me…

]]> http://investing.curiouscatblog.net/2006/01/10/how-not-to-convert-equity/comment-page-1/#comment-1795 Sun, 27 Jan 2008 17:12:03 +0000 http://investing.curiouscatblog.net/2006/10/07/how-not-to-convert-equity/#comment-1795 There is a big problem in that logic – it could maybe make sense if you had good reason to believe rates will be lower in the future than when you took out the loan (but that is a very questionable recently)…

]]> http://investing.curiouscatblog.net/2006/01/10/how-not-to-convert-equity/comment-page-1/#comment-1733 Mon, 21 Jan 2008 21:26:35 +0000 http://investing.curiouscatblog.net/2006/10/07/how-not-to-convert-equity/#comment-1733 Ownership of your home removes the risk of being priced out of the area you want to live by increasing rental prices over time…

]]> http://investing.curiouscatblog.net/2006/01/10/how-not-to-convert-equity/comment-page-1/#comment-1316 Sat, 08 Dec 2007 21:15:59 +0000 http://investing.curiouscatblog.net/2006/10/07/how-not-to-convert-equity/#comment-1316 “If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.” J. Paul Getty

]]> http://investing.curiouscatblog.net/2006/01/10/how-not-to-convert-equity/comment-page-1/#comment-489 Fri, 07 Sep 2007 03:54:18 +0000 http://investing.curiouscatblog.net/2006/10/07/how-not-to-convert-equity/#comment-489 Stagnant home prices have not taken a toll on housing affordability. Yes people that put nothing down and took out mortgage where they could not pay the monthly payments and planned to just borrow even more from the house if the house price went up can’t afford it – but they couldn’t afford it in the first place…

]]> http://investing.curiouscatblog.net/2006/01/10/how-not-to-convert-equity/comment-page-1/#comment-73 Sun, 15 Apr 2007 00:42:16 +0000 http://investing.curiouscatblog.net/2006/10/07/how-not-to-convert-equity/#comment-73 […] Personal loans often have “teaser” rates – interest rates that are low (and quoted in big bold colors) while the real rate is hidden in small type. Don’t fall for the hype. […]

]]> http://investing.curiouscatblog.net/2006/01/10/how-not-to-convert-equity/comment-page-1/#comment-69 Fri, 06 Apr 2007 13:04:09 +0000 http://investing.curiouscatblog.net/2006/10/07/how-not-to-convert-equity/#comment-69 The central premise of this post is that risk is being mispriced by the market (by failing to account for the risks bonds… are overpriced)…

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