The wisest choice when investing is often the toughest choice. Today that means buying stocks even if you have to mortgage the house--literally. Your financial adviser probably won't tell you so, for fear of being fired on the spot. Stocks, down more than 40% from their peak, are that tough a sell. But everyone who has a lot of time until retirement, little debt and a whopping gain in real estate ought to make the most of their home equity by extracting some and wading into equities.
Crazy? Not at all. Think of it in basic rebalancing terms. Three years ago,...
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