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

Title:
The Top 5 Reasons Why You Should NOT Invest Your Home Equity
Word Count:
1094

Summary:
Extracting home equity has become widely popular--and considerably risky for many people. Lear

Keywords:
personal finance, investing, investment, prosperity, wealth, finance, finances, investor, inve

Article Body:
In the past few years, hundreds of people have invested home equity, only to lose it all and g
Reason #1: Personal Consumption

If you’re going to use any of your home equity to purchase items of personal consumption, do n

Consumption must be sustained by production, which means creating value for others in such a w

The Solution: The wealthy never use their assets to consume--they only consume the profits gen
Reason #2: Lack of Knowledge & Chasing High Returns


With home appreciation rising in double-digits, banks giving loans liberally, and people havin
People were putting money into investments that they knew very little about, they had no idea
The Solution: If you don’t know where your money is going, what it’s doing, how it’s creating
Reason #3: Unsafe Investments

Not only have many people been ignorant about the investments in which they have invested thei

The Solution: Here are just a few things to consider with any investment: Is there a real dema

If you can’t answer any of these questions satisfactorily, then either stay away from the inve
Reason #4: Investments Removed From Soul Purpose

Soul Purpose is the combination of your inborn abilities, talents, and passions and that provi
Every thought and action leads you either closer to living your Soul Purpose, or further away

The Solution: What are you great at doing? What things are you naturally drawn to? What are yo

Creating portfolio income is hard work, and the only way you’ll endure challenges is if what y
Reason#5: Learning the Wrong Lessons


If your investment fails, what’s the lesson you’re going to learn? For most, the answer doesn’
The Solution: No matter how well you mitigate risk, in a dynamic world things will inevitably
Conclusion

Investing your home equity can be one of the riskiest strategies if you do so for personal con

However, it can also be a powerful strategy that will help you unlock your financial potential

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