8% is high but you’ll still make 10 times that shorting Beyond Meat

I'd be driving my husband to the nearest hospital to have his head examined.

Anonymous wrote:Divorce. Now.

Yeah, this is one time when I think divorce immediately is probably a good idea.

Taking a second mortgage on a house when you already have one at 8+% to buy AI stocks that have already seen a run up? Is he crazy?

Now that I think about it, I got an inheritance a few years ago. I could have paid off most of the mortgage, but instead put it in NVIDIA and it's way up. So in a way I made the sae decision as your husband?

I'm not touching NVIDIA for the next decade. I'm convinced that we all need to invest in AI, because the job market is going to shrink dramatically and that investment will keep us tethered to productivity.

You don’t need to take out a 2nd mortgage. Most apps will let you trade on margin. Worst case scenario you just delete the app and change your email address.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you could get a 2.5 interest rate it would make sense. At today’s rates of 8.5 your margins are way too tight for this make financial sense. Any slight negative fluctuation and you lose your equity.

That’s a terrible financial decision.

Rates are literally falling as we speak, they will be able to refinance that mortgage to a sub for in a very short time. Meanwhile, their stork stock portfolio will be up 20%.

Great point.

If interest rates go up, OP will be happy she has a big chunk of money to invest or to generate interest or dividend income. If interest rates go down, OP can simply refinance and snag the lower rates on the future.

We did this in 2020 and converted a 6.3% mortgage into a 2.3% mortgage. It’s called leverage, folks, and it’s how true riches are made.

Why the heck did you have a 6% mortgage in 2020?

Anonymous wrote:

Anonymous wrote:If you could get a 2.5 interest rate it would make sense. At today’s rates of 8.5 your margins are way too tight for this make financial sense. Any slight negative fluctuation and you lose your equity.

That’s a terrible financial decision.

Rates are literally falling as we speak, they will be able to refinance that mortgage to a sub for in a very short time. Meanwhile, their stork stock portfolio will be up 20%.

Great point.

If interest rates go up, OP will be happy she has a big chunk of money to invest or to generate interest or dividend income. If interest rates go down, OP can simply refinance and snag the lower rates on the future.

We did this in 2020 and converted a 6.3% mortgage into a 2.3% mortgage. It’s called leverage, folks, and it’s how true riches are made.

Anonymous wrote:

Anonymous wrote:When 30 yr mortgage rates were sub 3% and there was no cap on SALT, the upside of borrowing more to invest in the market was pretty high. With mortgages at 8.5% and the SALT cap in flux, the upside is much more limited.

Agree. Borrowing at 2.5% was reasonable, but borrowing at 8.5% is just dumb.

Why? Stocks are up 15% in the last year, and that includes a huge drop in April 2025. The last 6 months the market is up a whopping 27%. That’s way better than 8.49%.

Plus, stock market gains are taxed at a lower rate than ordinary income, making this an even smarter move. OP will be able to simultaneously itemize mortgage interest to offset ordinary income in a likely high tax bracket while deferring taxes on capital gains and paying in the future at lower capital gains tax rates. Seems pretty smart, even at 8+%. Stock market has beaten that year over year for decades.

Anonymous wrote:This can’t be a real post.

Agreed

I would never sign any paper that put my home at risk over something as foolish as this. Ever.

Anonymous wrote:If you could get a 2.5 interest rate it would make sense. At today’s rates of 8.5 your margins are way too tight for this make financial sense. Any slight negative fluctuation and you lose your equity.

That’s a terrible financial decision.

Rates are literally falling as we speak, they will be able to refinance that mortgage to a sub for in a very short time. Meanwhile, their stork stock portfolio will be up 20%.

Divorce. Now.

I don't think he can take a second mortgage on your house without your signature. Do you jointly own the house?

Do not sign for a second mortgage. This is crazy.

If he really wants to do this, divorce first.

I have some good stock tips. I take Venmo. Just send me $100 and I will give you one, money back if it doesn't pay off in a year.