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<p>[QUOTE=&quot;medoraman, post: 966401, member: 26302&quot;]The home equity line is actually a good source to tap IF, (and I repeat IF), you do not use the credit card any more than you can pay off each month. The reason is that the interest would be tax deductible whereas the cc interest is not. Too many people pay of cc with home equity then run the cc back up. That is why I advocate that only if you have the discipline to control the cc. More good news is that cc interest is going up, while home equity has ticked down.</p><p><br /></p><p>I will not say whether it is a good time to sell of any PM. It could be if you wish to not have reportable gains with the new 1099 rules, or if you think they have peaked. It would be bad of course if you think they will continue to climb.</p><p><br /></p><p>Good luck.</p><p><br /></p><p>P.S. Of course the suggestion to use the HE line is predicated on the fact that you could use the tax deduction. Ask your accountant if it would be valuable to you in your tax circumstances.[/QUOTE]</p><p><br /></p>

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