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Reply to "Taking out a second mortgage to buy stocks "
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[quote=Anonymous]Why not just DCA the future Heloc monthly payment for the next 10+ years into AI stocks? The average may end up lower than putting all $300k into it now. Should leave that house alone. If he needs some excitement, have him open a separate Roth (Robinhood recommended) or do backdoor if you all earn too much. Then trade away inside of it risking $7k max. I doubled my new Roth last year ending with $14k. Then added another $7k and doubled it again this year. I learned so much from the mistakes - mostly patience, but so much more. It's ok to sit in the cash and wait for the dips. NFA.[/quote]
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