Quote:
Originally Posted by DareRing
This is Darwin Award worthy advice. Sorry, nothing personal, I just think it's dangerous to promote owning IOUs before essential real-world assets. Secure a place to live first, then go ahead and gamble after you're debt free. Especially if you're supporting a family, anything less is irresponsible.
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Alot of people thinks that buying assets other than real estate (i.e. a house to live in) is gambling! Real estate also fluctuate in price, not always positively too; and the reason people don't notice it, is because it's not as liquid as other investment vehicles.
I'm not saying you shouldn't buy a house if you can afford one. I just think it's not as good an investment as people think it is.