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Sly · 12-01-2009, 11:57 AM

Important thing to remember:

As far as investments go, a house is one of the worst "investments" one can have. They are money pits and the rate of profit is just abysmal compared to other actual investments. Buy a home because you want to buy a home, not because you are "tired of paying rent." In many markets, purchasing will cost you a few hundred dollars more a month than renting... save/invest that money instead.

12-01-2009, 11:57 AM
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,327	Important thing to remember: As far as investments go, a house is one of the worst "investments" one can have. They are money pits and the rate of profit is just abysmal compared to other actual investments. Buy a home because you want to buy a home, not because you are "tired of paying rent." In many markets, purchasing will cost you a few hundred dollars more a month than renting... save/invest that money instead. __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.