Bootstrap Capital LLC
  • Home
  • About
  • Your Advisor
  • What We Do
  • Blog
  • Contact Us
  • Home
  • About
  • Your Advisor
  • What We Do
  • Blog
  • Contact Us

Here We Go Again: Cash Out Refinance

6/23/2017

 
Picture
Recently I read an article in the Wall Street Journal titled: “Homeowners Are Again Pocketing Cash as They Refinance Properties” (subscription required). My first thought: Here we go again.
 
Unfortunately, the article was mostly positive on the development, as the writer’s take was that this reflects confidence in the economy and relative job security. I have no idea if this bodes well for the economy or not (although my intuition says it’s a negative), but on an individual level I think this is a really bad idea. There are no absolutes in personal finance, and everyone’s situation is different. With that caveat out of the way, lets look at why taking cash out of your home when you refinance can be a poor financial decision.

Read More

Why We Paid Down Part of Our Mortgage

11/18/2016

0 Comments

 
Picture
Recently my wife, Colleen, and I modified our mortgage. I’d like to share some of our thinking because it illustrates some of the trade-offs made in personal finance.

Read More
0 Comments

January 2013: Fun with Mortgage Math

1/6/2013

 
Dear Clients and Friends,

I hope that the New Year finds you happy and healthy!  I'm pleased to report that the McCann Family is doing great and we successfully navigated another Family Holiday Travel Juggernaut (FHTJTM is a registered trademark of the McCann Family).  This time we enjoyed the warm sun and sand of Islamadora, FL (the sport fishing capital of the world).  We are rested, relaxed and ready to tackle 2013!  I hope you are too.

Through the course of this year, I've had frequent conversations with clients and friends about our historically low interest rates and the affect on their financial plans.  This leads me to my topic this quarter...


Read More

    Disclaimer

    Note: The contents of this site are general in nature and not intended as specific investment advice. All investments are subject to risk; including loss of investment value. If you have any question regarding investments or concepts in these pages, please consult with an investment professional.

    Archives

    June 2020
    February 2020
    October 2019
    June 2019
    February 2019
    January 2019
    October 2018
    September 2018
    April 2018
    December 2017
    October 2017
    August 2017
    June 2017
    April 2017
    December 2016
    November 2016
    October 2016
    September 2016
    May 2016
    April 2016
    February 2016
    December 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    July 2014
    April 2014
    January 2014
    October 2013
    July 2013
    April 2013
    January 2013
    October 2012
    July 2012
    April 2012
    January 2012
    October 2011
    August 2011
    July 2011
    April 2011
    December 2010
    October 2010
    July 2010
    April 2010
    January 2010

    Categories

    All
    401k
    529 Plan
    Asset Allocation
    Behavioral Finance
    Bitcoin
    Bonds
    Financial Advisor
    In The News
    Investing
    Mortgage
    Personal Finance
    Re Balancing
    Re-balancing
    Re-balancing
    Taxes

    RSS Feed

(415) 758-2668
Brian@bootstrapcapital.net                                                                                                                                               
Subscribe
Picture
Copyright © 2020 Bootstrap Capital LLC