Blog Entries tagged 'home equity'

Why Are Retirement Plans Failing?

cmiles — Mon, 26 Oct 2009 02:00:00 +0100

After doing my "Fire Your Financial Adviser" workshop and our Producer Power Hour podcast, I wanted to address a topic that I feel is grossly misunderstood. When I was a traditional financial adviser, I would rattle off some assumed 2000 Bureau of Labor Statistics that came out with a longitudinal report that studied where 25 yr olds in 1960 were in 2000. It showed 29% of 65 year olds deceased, 66% totally dependent on others or still working, 4% financially independent, [...]

The Top 5 Reasons Why You Should NOT Invest Your Home Equity

causeofliberty — Tue, 27 May 2008 02:00:00 +0100

…And How To Overcome Them

In the past few years, hundreds of people have invested home equity, only to lose it all and get into serious financial trouble. With this in mind, here are five reasons why you should not invest your home equity. Avoiding these five pitfalls will prepare you to safely maximize the productivity of all your financial resources, including home equity.

Reason #1: Personal Consumption