What’s a Home Equity Investment, and Is It Ever a Good Idea?

Photo: Virrage Images (Shutterstock)

While owning your own home isn’t exactly the “easy button” for wealth-building it’s sometimes made out to be, it’s still a reliable way to build your net worth over the long term. Aside from the emotional aspects of having a piece of property to call your own, a house represents a significant asset–for most people, the largest asset they will ever own.