Quoted in Investment News December 12, 2008I was quoted in the December 12, 2008 issue of Investment News in a story titled "Home equity borrowers may have jeopardized retirement" by Lisa Shidler.
Here are the specific quotes from the story:
"Any equity from a person's house isn't counted for retirement calculations", said adviser George Papadopoulos, a Novi, Mich.-based sole proprietor.
"I always hold to the philosophy that you buy homes to live in and not for investment. People who were going to do this have a mess in their hands and they probably cannot retire now"
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