are security investment and a mortgage the same thing?

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are security investment and a mortgage the same thing?

2006-10-13 06:29:47 · 3 answers · asked by bettyjosue 1 in Business & Finance ➔ Investing

3 answers

Not by a long shot. Completely different. However, you can take a mortgage out on a piece of property and then use the proceeds to make an investment in securities. You can also use your securities as colateral to borrow money for other purposes. Most if not all banks will lend you money on them. Brokers will also.

2006-10-13 10:03:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋

No. Securities are stock in a company and a mortgage is a promise to pay with real estate as collateral.

2006-10-13 13:34:00 · answer #2 · answered by DelK 7 · 0⤊ 0⤋

This is a bad place to ask important questions

2006-10-13 13:31:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋