L
LurfysMa
I need to cash some investments to pay for a home improvement.
I have three potential sources:
1. A loan, bank or second mortgage. I haven't yet checked the interest
rates.
2. Sell some stocks or mutual funds I purchased myself. Most of these
I have owned for at least several years, some much longer.
3. Sell some stocks I was given by my parents. They are trying to
reduce their estate as much as possible before they die. They have
been giving each of us children $20,000 in stock each year. They
started this about 5 years ago. This is all IBM stock.
How can I calculate the advantages and disadvantages of selling each
of these assets or getting a loan.
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I have three potential sources:
1. A loan, bank or second mortgage. I haven't yet checked the interest
rates.
2. Sell some stocks or mutual funds I purchased myself. Most of these
I have owned for at least several years, some much longer.
3. Sell some stocks I was given by my parents. They are trying to
reduce their estate as much as possible before they die. They have
been giving each of us children $20,000 in stock each year. They
started this about 5 years ago. This is all IBM stock.
How can I calculate the advantages and disadvantages of selling each
of these assets or getting a loan.
--