SDN Members don't see this ad. About the ads. I have a question regarding the current market correction in the housing industry. Currently I have the majority of my networth in my house. I have about 70% equity in my house and some other savings. We put that much money in the house because I knew I wouldn't be working for 4 years as a med student and we wanted to keep the mortgage payment low for lifestyle and stress reasons. However, having that much money invested in the house and not getting any return (or maybe even losing money ), I wonder if it would be smart to refinance my house and take some of the money out and invest it in mutual funds or something. That way the money would be available in an emergency. What do you think? Although I will be matching in March so maybe wait to decide then. But there is a good chance I will stay here and not move.