Why Equity In Your Home Is The WORST Place For Equity To Be

EP.586

What should you do with the equity in your home now that we have this exploding market? I’m a big fan of income producing properties, but I’m not a fan of saying that homeownership is an investment. At the end of the day, homeownership is a convenience, not something that’s making you money. I explain how you can practice smart lending techniques, put your money in a low fee index fund, and sit back and watch that home equity grow. Tune in to learn more about how to get the most out of homeownership. 

 

Episode Timeline & Discussion Questions:

( 1:02 ) Welcome back to The Chris Harder Show.

( 1:14 ) Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day.  

( 2:06 ) Chris introduces the topic of today’s episode, creating financial abundance through your home equity. 

( 4:41 ) Chris shares an example of the equity in a $400,000 home. 

( 7:00 ) Chris explains two responsible lending guidelines. 

( 9:04 ) Chris discusses the option of getting a cash out refinance loan. 

( 11:05 ) Chris shares what putting money in low index funds could look like. 

( 12:54 ) Chris says, “You’re risking your financial future by leaving that powerful equity sitting there doing absolutely nothing for you.”

( 13:50 ) Chris asks listeners to share the podcast and leave a 5-star review. 

You're risking your
financial future by
leaving that
powerful equity
sitting there doing
absolutely nothing
for you.

You’re Going To Hear About:

  • Why you should be making financial moves with the equity in your home 
  • The average appreciation of homes 
  • Two responsible borrowing guidelines 
  • What investing in low fee index funds looks like 

Resources Mentioned:

  • Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day.