Refinance Loan

[Bestguy]

I will get 200k cash easily if i do  refinance on my house right  now..aa 200k techi stocks or etfs lo pedthee growth vuntundhi emo ani think chestunna as the interests rates very low right now..Through your inputs please.

Edited September 2, 2020 by Bestguy
update

[AndhraneedSCS]

Petteyyi... Lekapothe pull back kosam wait chesi appudu pettu (dont expect more than a 10% pullback though) 

[chittiR]

7 minutes ago, Bestguy said:

I will get 200k cash easily if i do  refinance on my house right  now..aa 200k techi stocks or etfs lo pedthee growth vuntundhi emo ani think chestunna as the interests rates very low right now..Through your inputs please.

DONOT do that.. Market is super volatile now... You will see your hard earned money go just like that.. 

[phatposts]

DO NOT DO THAT. 

A lot of people are doing crazy things now without looking at long term prospects. It has repeated time and again - this bubble will pop. If you have live positions, realize some gains and reinvest if you are comfortable. But refinancing AND investing is horrible idea. Nevertheless cash is king - refi and hold the cash for a bit. 100% stocks is bad.

[tom bhayya]

buy some lands in India with tht money in your native place 

[Peddayana]

really bad idea now

wait till elections , lot of things will be clear , bubble will pop by that time mostly or may be even a month before as people are expecting it to pop after elections 

also vaccine news may be clear by that time hopefully

life savings kada be sure but investing 100% into stocks into this crazy market will require balls of steel , be prepared for pullback or some good 30% losses if things do not go well , rebound may take several months in that case 

If vaccine comes and everything is hunky-dory by year end , expect similar things as now but oversold stocks like AAPL and TLSA will have pullback no matter what

[pandemkodi]

Bubble will not pop when you expect it ... since Mm’s want to  with retailers all the time .. however this is bad idea especially at this point . Wait for a pull back and try ... if there is no pull back you will loose nothing .