Comments on: Reader Question: Should $15,000 be invested in P2P Lending or in a Better Mortgage? http://www.doughroller.net/personal-finance/reader-question-should-15000-be-invested-in-p2p-lending-or-in-a-better-mortgage/ Money Management and Personal Finance | The Dough Roller Mon, 13 Feb 2012 05:44:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: AJC @ 7million7years http://www.doughroller.net/personal-finance/reader-question-should-15000-be-invested-in-p2p-lending-or-in-a-better-mortgage/comment-page-1/#comment-6897 AJC @ 7million7years Tue, 01 Apr 2008 01:25:41 +0000 http://www.doughroller.net/2008/03/31/reader-question-should-15000-be-invested-in-p2p-lending-or-in-a-better-mortgage/#comment-6897 It's not even a close call ... I would consider speculating in the P2P market with $15k as that is a tiny part of my portfolio, but even then I would question the risk/reward against plenty of other opportunities. Fixing the rate and aiming to keep the house forever would be great ... even better, turn it into a rental and move into a lower-rent house or apartment until the housing market and her finances recover .. .... she'll come out at the end of 3 - 5 years with an asset for life and a significantly improved financial profile. It’s not even a close call … I would consider speculating in the P2P market with $15k as that is a tiny part of my portfolio, but even then I would question the risk/reward against plenty of other opportunities.

Fixing the rate and aiming to keep the house forever would be great … even better, turn it into a rental and move into a lower-rent house or apartment until the housing market and her finances recover ..

…. she’ll come out at the end of 3 – 5 years with an asset for life and a significantly improved financial profile.

]]> By: stngy1 http://www.doughroller.net/personal-finance/reader-question-should-15000-be-invested-in-p2p-lending-or-in-a-better-mortgage/comment-page-1/#comment-6895 stngy1 Mon, 31 Mar 2008 23:21:54 +0000 http://www.doughroller.net/2008/03/31/reader-question-should-15000-be-invested-in-p2p-lending-or-in-a-better-mortgage/#comment-6895 NO, NO, NO to taking a chunk like that and investing in the [now] very risky P2P lending market! Amen to refi'ing. If the home value goes up, one could always refi again with a bit more leverage, if it goes down, you are so stuck. 2010 is not that far way, particularly in this market, where values are still plumating and it may take until 2010 to stabilize. Just my opinion--no financial education, just some common sense. NO, NO, NO to taking a chunk like that and investing in the [now] very risky P2P lending market!
Amen to refi’ing. If the home value goes up, one could always refi again with a bit more leverage, if it goes down, you are so stuck. 2010 is not that far way, particularly in this market, where values are still plumating and it may take until 2010 to stabilize.
Just my opinion–no financial education, just some common sense.

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