Quote:
Originally Posted by Red
The markets don't have to drop by 25% to make troubles for a lot of people. Most people live paycheck to paycheck, a 2% rate hike in addition to a 10-15% market decline could be a lot to handle.
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True. Leave your home equity as a an investment and there will be alot less stress when interest rates go higher.
I do not see a 10-15% market decline however, but, then again, what do I know?