vrek@programming.dev to Casual Conversation@piefed.socialEnglish · 22 days agoIf you were broke and needed a loan but with a good credit score, do you borrow a hundred dollars so you can pay it back quick or 20,000 so you are comfortable for a while?message-squaremessage-square25linkfedilinkarrow-up117arrow-down11file-text
arrow-up116arrow-down1message-squareIf you were broke and needed a loan but with a good credit score, do you borrow a hundred dollars so you can pay it back quick or 20,000 so you are comfortable for a while?vrek@programming.dev to Casual Conversation@piefed.socialEnglish · 22 days agomessage-square25linkfedilinkfile-text
Not looking for financial advice, I’m not in this situation. Just curious of people’s thought process about stuff.
minus-squareCanaconda@lemmy.calinkfedilinkEnglisharrow-up1·22 days agoYou might like the Smith Maneuver: Buy property with HELOC Max HELOC on dividend stock Double down on dividend stock with dividends and equity from payments on HELOC Pay off mortgage (with maxed HELOC) Sell stocks, pay off HELOC, net stock ROI & property
You might like the Smith Maneuver: