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Oct 2023
40m 7s

Costs of Being Mortgage Free

Don McDonald
About this episode

There's a lot money tied up in our homes, so should you pay off your cheap mortgage? What are the costs to access all of that money should you need it? At Bank of America, it could cost up to 10% for a home equity line of credit. We talk about the potential future of bond prices. The we here from a bunch of Kens, a Barb (and others):

  • What happens to the homeowner's capital gain exemption if you rent you house for a few years?
  • Does direct indexing make investing sense?
  • To invest in other funds should I wait until the old securities price goes up?
  • How much risk should someone with a high risk capacity, but no need for risk, own bonds?
  • Should I-Bonds be sold and reivested in CDs?
  • Do QCDs (qualified charitable distributions) makes sense?

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