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Tag: equity

Booking vacation to Bermuda vs. a new kitchen: Here's how some people misuse their home equity loan

Booking vacation to Bermuda vs. a new kitchen: Here's how some people misuse their home equity loan

Finance
You shouldn't use your house to help pay your monthly bills, but nearly 1 in 6 American homeowners thinks that's just fine. Those were the findings from a recent survey by Bankrate.com. Earlier this month, the personal finance website took an online poll of 719 homeowners, asking them about using their home equity — the market value of your abode minus the outstanding loan you have on your dwelling. Though nearly 75 percent of participants said that improvements and repairs were "good uses" of home equity loans and lines of credit, many felt that they could tap value of their house for a range of other uses. ...
Investors are set on riding the equity rally all the way through to Christmas

Investors are set on riding the equity rally all the way through to Christmas

Finance
With 41 days to go, it seems Christmas has come early this year for many investors.The returns in 2017, at least for equity investors, are staggering. The DAX is higher by some 16 percent since the start of the year; the S&P 500 has rallied 15 percent with both markets hitting record after record; and previously unloved emerging markets like Brazil have spiked 20 percent.Driving this is what many call a "sweet spot" for investors: a backdrop of solid growth, low inflation, strong corporate earnings and continuously supportive monetary policy from central banks, despite efforts to gradually tighten stimulus.On top of that, we are still expecting U.S. President Donald Trump's tax reform to be passed before year-end, which could give another fillip to risky assets, when eventually approve...