With home values sky rocketing over the past few years, you may be wondering what do do with the equity that you have locked up inside of your home. Is it a good idea to pull it out and diversify? Possibly so. It just depends on what your personal wants and needs are along with your personal risk tolerance level.

Here are 19 ways you can reinvest the equity in your home.

1. Renovations or home improvements to increase your property’s value

2. Pay off high interest debs, such as credit cards or personal loans.

3. Invest in energy efficient upgrades such as smart home technology

4. Build an emergency fund for unexpected repairs

5. Fund education or vocational training for yourself or a family member

6. Purchase additional investment properties.

7. Start or expand a small business

8. Contribute to retirement savings accounts

9. Funding home maintenance and/or repairs

10. Make a purchase that you’re in need of such as a car

11. Pay off medical expenses or healthcare costs

12. Finance a dream vacation or travel experience

13. Invest in stocks, bonds, or other financial instruments.

14. Starting a college fund for children or grandchildren

15. Paying for wedding expenses

16. Funding a home office or workspace renovation

17. Investing in personal development or skill-building courses

18. Long term care for elderly parents or yourself

19. Supporting adult children with down payments on their own homes.