We have built some equity in our house thanks to the housing appreciation in the bay area. I decided to open up a HELOC (home equity line of credit) to have easy access to the equity. In this post, I’ll talk about why I decided to get a HELOC, how to select the lender/bank process, and subsequent application the process, and finally our experience with using it. Continue reading
New year new goals. I have slacking off on posting lately, work has been extremely busy and frankly I just got out of the habit of writing. With the new year, I thought I would try to get back into the swing of things. Here’re my financial goals for this year. I have broken the post into four major categories. The categories has changed a bit since my 2013 review.
- Real estate – deal with all things related to real estate (primary residence or investment)
- Major purchase – big ticket items
- investment – stocks, mutual funds, stock options, restricted stock units etc.
- Financial Protection – life insurance, living trust Continue reading