Quote:
Originally Posted by grocerylist
I wouldn't consider home equity as part of your investment portfolio.
You're doing pretty good (better than the average American for sure but that's not really saying much) but I'd definitely be maxing out a Roth IRA via backdoor Roth for both you and your wife if I were you. Silly to not take advantage of all that is available to you.
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Its not a home equity line. Thats how much my house is valued vs waht i own on the note. So if i sell i stand to make around 200k profit based on median comps. note is 750k house value is 1mil.