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Holland, Indiana (SW IN) | Need some of the good NAT advice I have bought quite a bit of land --just borrowed against my operating loan so far 5.5% interest --I need to make some changes
I remember the 80's all too well and what interest rates can do in a hurry--operating loan not for land --I remember the lesson
SO I have money in non IRA Mutual funds I can and will tap (NO Stock fund gives the same pleasure as LAND --yes I'm a farmer)
FWIW --I know some NAT member will ask --I'll still be taking out a longer term land loan --I'm not that wealthy
So #1 Take all out now-- eliminate the risk
#2-- 1/2 now 1/2 later
#3 wait--closed on the land first of the year
waiting this month has been good--but my NADS are shrinking
TIA Dan
Edited by Dan Loehr 1/28/2019 07:59
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Taking $ out of Mutual Funds?
