Age is a factor, family is a factor, risk tolerance is a huge factor, etc.Honestly, if you are posting this question on forums then to me it sounds like you have no idea what you want to do, so my recommendation would be to put it into your savings (CD's or bonds) until you determine how you want to put that money to work.

A bond is a loan from other investors, could be from one investor.

I'm looking forward to invest in Iraq (Not the dinars or bonds)

Versa Bond is a lower quality modified thinset that can be found at the orange big box, pick some of that up and you will be fine.

If it forecloses the HELOC gets squat as if your lucky there will be enough to pay off the first if that.If they work with you they get a payoff to release the lien interest as a short sale.The key will be what the first mortgage will or will not do and what they will allow junior lien holders to get as a payoff in a short sale.Typically they offer junior lien holders 1,000 and then the juniors want 30 cents on the dollar.It is a negotiating process of back and forth.If you are in a fast foreclosure state a first isn't going to give juniors a large chunk of the purchase price when they can foreclose and get almost the full balance owed to them.Ideal situation would be for HELOC to accpet 10 to 20 cents on the dollar and write the rest off.Before signing anything make sure the HELOC is not just releasing the lien interest for 20k but forgiving the rest of the debt in writing as well.Do not believe anything that is not in writing.I have seen banks lie through their teeth before saying they would not pursue a seller after a short sale for a deficiency and the letter was to come from another department higher up.They closed and the letter never came.

Hi, municipalities sometimes acquire bond money for enterprise zone financing.Call the city and ask what the underwriting requirements are.

A friend of mine is an FBI Agent, his take (and we disagree at times as we get deeper) is that a mortgage made by ajn individual to a company is the same thing as a bond, well, it is, and that soliciting individuals to buy your "bonds" is selling an unregistered security.

Cut your negotiation teeth on this, it's all a great learning experience and all it costs you is a nice lunch.

Georgia law apparently has only a $500 penalty, which doesn't have much teeth and means nothing to a large bank.I am not sure if they closed the line.

I am not certain why small business owners, the job creation engine of the country, should see their taxes raised in order to protect bond holders of automobile companies or banks, or for union jobs to be preserved in companies that are clearly not competitive.