Comments on: QCash on: Borrowing to Invest: My Exit Strategy? http://www.milliondollarjourney.com/qcash-on-borrowing-to-invest-my-exit-strategy.htm Building Wealth through Saving and Investing Sun, 12 Feb 2012 23:42:26 -0330 http://wordpress.org/?v=abc hourly 1 By: RICHARD http://www.milliondollarjourney.com/qcash-on-borrowing-to-invest-my-exit-strategy.htm/comment-page-1#comment-122180 RICHARD Fri, 04 Nov 2011 21:56:27 +0000 http://www.milliondollarjourney.com/qcash-on-borrowing-to-invest-my-exit-strategy.htm#comment-122180 If you have un-realized equity, paid off house, it might be worth while to consider getting a HELOC and invest it. Depending on your situation you should be able to swing a HELOC for 4% or less. Invested in high dividend "blue" chip stocks like BCE (paying 5.25% at todays value) you could actually pay off the loan with the interest as it presently stands. Remember that stock values vary as well as interest rates so you need to keep an eye out for when to bail out, preferably after a gain. Also don't play with money you can not afford to diminish in value over the short term. If you are not comfortable sitting tight on your "bets" then don't bet. I have seem my portfolio drop by-$3,000 but still have more money in the account, due to dividends, than when I started out. The "big" picture is what counts. Hopefully your stocks will recoup and then if you are not at ease with it - bail out. If you have un-realized equity, paid off house, it might be worth while to consider getting a HELOC and invest it. Depending on your situation you should be able to swing a HELOC for 4% or less. Invested in high dividend “blue” chip stocks like BCE (paying 5.25% at todays value) you could actually pay off the loan with the interest as it presently stands.
Remember that stock values vary as well as interest rates so you need to keep an eye out for when to bail out, preferably after a gain.
Also don’t play with money you can not afford to diminish in value over the short term. If you are not comfortable sitting tight on your “bets” then don’t bet.
I have seem my portfolio drop by-$3,000 but still have more money in the account, due to dividends, than when I started out. The “big” picture is what counts. Hopefully your stocks will recoup and then if you are not at ease with it – bail out.

]]> By: eugene http://www.milliondollarjourney.com/qcash-on-borrowing-to-invest-my-exit-strategy.htm/comment-page-1#comment-108417 eugene Sun, 13 Dec 2009 17:32:07 +0000 http://www.milliondollarjourney.com/qcash-on-borrowing-to-invest-my-exit-strategy.htm#comment-108417 A few question about your strategy QCash: 1) As you're transitioning between your growth portfolio and borrowed funds to acquire income your portfolio wouldn't you still have to be reporting the income generated from your new portfolio and thus pretty much cancels out your carry costs for it right? eugene A few question about your strategy QCash:

1) As you’re transitioning between your growth portfolio and borrowed funds to acquire income your portfolio wouldn’t you still have to be reporting the income generated from your new portfolio and thus pretty much cancels out your carry costs for it right?

eugene

]]> By: HG http://www.milliondollarjourney.com/qcash-on-borrowing-to-invest-my-exit-strategy.htm/comment-page-1#comment-108406 HG Sat, 12 Dec 2009 20:49:54 +0000 http://www.milliondollarjourney.com/qcash-on-borrowing-to-invest-my-exit-strategy.htm#comment-108406 I still don't get it. (sorry) How would you escape your tax on capital gains on an investment depending on the type of funds you used to buy that investment (leveraged vs. non leveraged)? I still don’t get it. (sorry) How would you escape your tax on capital gains on an investment depending on the type of funds you used to buy that investment (leveraged vs. non leveraged)?

]]> By: Coppertree http://www.milliondollarjourney.com/qcash-on-borrowing-to-invest-my-exit-strategy.htm/comment-page-1#comment-23229 Coppertree Mon, 21 Jan 2008 22:51:05 +0000 http://www.milliondollarjourney.com/qcash-on-borrowing-to-invest-my-exit-strategy.htm#comment-23229 Interesting idea. What would be your ideal income portfolio? thanks Interesting idea.
What would be your ideal income portfolio?

thanks

]]> By: Gates VP http://www.milliondollarjourney.com/qcash-on-borrowing-to-invest-my-exit-strategy.htm/comment-page-1#comment-21045 Gates VP Sat, 29 Dec 2007 05:31:17 +0000 http://www.milliondollarjourney.com/qcash-on-borrowing-to-invest-my-exit-strategy.htm#comment-21045 Man QCash, maybe it's b/c I'm not "saddled" with the problem of "too much money" ;), but that's a neat idea! My mother going into partial retirement right now and this is not an angle that I've ever considered. Definitely food for thought. Man QCash, maybe it’s b/c I’m not “saddled” with the problem of “too much money” ;), but that’s a neat idea! My mother going into partial retirement right now and this is not an angle that I’ve ever considered.

Definitely food for thought.

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