But what if, instead of getting a mortgage (
i.e. taking on debt), you could sell a piece of the equity - just like a stock.
Not exact matches
You keep borrowing more and more money (
i.e. over-producing stress hormones),
taking on tons of
debt (ruining your thyroid health), until you eventually become bankrupt (your thyroid function and stress response fail).
Being old fashioned, I gravitate to basics such as: — pay down all
debt as quickly as is reasonably possible — broadly diversify across at least 5 asset classes — keep expenses low — its OK to have an advisor for their expertise in security selection but never give an advisor control over how your money is invested
i.e. style, strategy, asset allocation — if you want to
take a flyer
on a hunch (and we all do at some point)
take the funds out of your core investment account and create a «satelite» account
1) The
debt must be paid back in 10 yrs 2) The
debt must bear an interest rate charge that is not less than the government's prescribed amount at the time it is
taken out 3) Interest
on the
debt must be paid not longer than 60 days after the end of the each year 4) There can be no covenant, guarantee, or indeminity to forgive the
debt (
i.e. — the debtee must have the full legal right to come after the debtor if the debtor defaults)
The proposed amendments contained in § 310 (a)(2)(x) make it an unfair and deceptive trade practice for a
debt relief company to misrepresent any material aspect of its services including, but not limited to, the time it will
take for the
debt relief company to settle the consumers»
debts, the cost of the services, the impact
on a consumers» creditworthiness, the
debt relief company's prior success rates, and the status of the
debt relief company (
i.e., as a non-profit).
Specify a date by which the refinance must
take place, and put some form of enforcement mechanism into the separation agreement (
i.e., the innocent spouse can
take possession of the house, foreclose
on the house, or force a sale that will pay off the joint
debt)