Invest In Tech Stocks By Refinancing Your Mortgage
A lot of people would agree to the fact that they’re currently living in strange economic times. You might have already noticed that interest rates are said to be kept at rock bottom despite the fact that there’s quarter-point incremental rises in the last couple of years. While on the other hand, there are some economic sectors that are said to be booming – the tech industry for instance.
As the saying goes, history repeats itself, but more other people would say that it actually rhymes. Well, it seems that we’re actually among those “rhymes” today. Why? Take a look at interest rates and tech stocks. This can be evidenced by the interest rates as well as tech stocks. Back in the 90’s, interest rates were said to be comparatively low, and you could say that tech stocks then were booming. The same is happening again these days, although nobody can be certain that we’re going straight for another bubble as well.
Mortgage Interest Rates Do Not Reach 3.9Percent
Average investors tend to question whether or not they must do some refinancing on their mortgage in order to take advantage of the higher returns in the economy. A lot of people that the tech boom that happened in the 90s and the beginning of 2000s was actually more like false start. But now in 2017, seems like the initial hype regarding the huge benefits of digital technologies to change lives will finally come to fruition.
The reason why you really need to at least consider contacting your mortgage broker and tell him that you’re going to refinance so that you can invest on tech stocks is that you might miss out the huge potential upside that the latest wave of digital tech has in store for you. Provided that engineers all around the globe is able to crack the code of artificial intelligence, then there’s one thing that’s sure to happen which is the fact that companies that got their hands on the technology will never fail to make exponential returns. They now have the choice to not rely on the human capabilities to innovate: they will now make use of a much faster thinking machine minds and don’t even need to sleep.
The Benefits You Get When You Refinance
There’s much more advantages that you can actually enjoy with refinancing aside from the mere fact that it provides for your investment. For instance, most refinancing deals lets you choose a fixed rate mortgage with a really low rate of interest for the first five years. Moreover, with the very low rate of interest, you’ll surely find it silly to simply keep all your capital bound up inside your home rather than working for you.
What Are The Tech Stock Predictions?
When it comes to tech stocks, the sky is really the limit. Another huge advantage that technology has to offer is that major companies are now seeing their true value and sooner or later this will ricochet across the entire industry.