I can easily borrow against my home equity. I cannot easily borrow against my index funds. Home equity also delivers an almost-fixed tax rate in California (pro

I can easily borrow against my home equity. I cannot easily borrow against my index funds. Home equity also delivers an almost-fixed tax rate in California (prop 13) and numerous other deductions and incentives, none of which stock investments provide. Home equity is much more powerful than a fund investment, they are not equals.