Balancing your goals
There aren’t many times when taking on debt makes more sense than using your savings, but one I can think of is buying a new house. I see many of my clients buying a new house before selling their original house, and they ask me if they should sell their investments to pay for the new house. My answer is no; utilize the low rates that come with a mortgage and don’t sell your investments to cover the down payment unless you need to. You can later use the cash proceeds from the sale of your...
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