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S W
Member since May 2012
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>Is a House Ever a Good Investment? - Vedran Vuk - Casey Research
YES. A house is very good investment. It gives stability to a family,your kids schooling and their friends.
You can do what you like with it e.g. improve its appearance,grow your own veggies,have a few chooks and cows...whatever.
Pay it off quick and its yours to pass on.

When you are young you can rent because it gives you mobility. But thats all.

When you retire and you do not own a home you are consigning yourself to poverty ( more than likely)

Aside from all that, if you own your house you can borrow a small amount and invest in Apple.!!!

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Beginning of the headline :Recently, my parents were considering purchasing some real estate. As the financial professional in the family, they asked me, "What do you think? Will it go up in value? You know… not now, but eventually?" I've heard the same thing over and over again. In response, I shared my opinion: "Would you pay the current market price to live there even if its value never increased?" If the answer is yes, buy the property... Read More
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