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by scarface74 2326 days ago
Would you borrow money at 2.9% to invest in the stock market?
2 comments
mrep 2326 days ago
On margin where I can get margin called? Maybe, but I don't like that additional type of risk.
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scarface74 2326 days ago
Its basically the same thing when you borrow at a longer term to invest the difference.

Mathematically, it makes a lot more sense for us to refinance to another 30 year loan (to get rid of PMI) and invest the difference but I am planning on refinancing to a 15 year.

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loco5niner 2325 days ago
Yes. I did exactly that. Also got a tax break since I put it in my 401k
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