I just withdrawn $250K from my HELOC, just to have it sitting in my checking account.
Why? I don't know. Just some optionality for $22/day until things settle down a bit.
Any downside I'm missing? cc @patio11pic.twitter.com/CYDvGmvMf5
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I just withdrawn $250K from my HELOC, just to have it sitting in my checking account.
Why? I don't know. Just some optionality for $22/day until things settle down a bit.
Any downside I'm missing? cc @patio11pic.twitter.com/CYDvGmvMf5
Why? Maybe just cause it’s fun to pay yourself 250K?
Optionality. Better to approach a very uncertain period with $250K extra than without. And I can always pay it back. I'm keeping it liquid.
But why now? Optionality? You just lost that option. Why not do it if/when you need to? Are you getting signals you needed the money now/soon, or that it would not be available in the future?
No, because I have a feeling banks will start putting holds on their lines of credit.
(Absolutely already happening.)
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