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

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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.  

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