La Villa Spa

financial: smith manoeuvre

There was a thread on this awhile ago. I'm no good at links but its out there.
 
doesn't it result in any gains on your house being taxable?
 
Can be dangerous because it's based on the market. The market is due for a rightsizing and this could cause problems for people who overextend themselves with this strategy. It all depends on your crystal ball and your appetite for risk.
 
It sounds like you are taking every cent of equity in your home and reinvesting into the market.

You will likely do well until the next correction. :)

If you worked with a financial adviser and really limited your exposure and had a truly balanced portfolio then it should be okay. (It is hard to find a decent financial adviser).

If interest rates start rising again you could take a hit on the value of your home and a correction in the market.
 
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