View Single Post
Old 11-24-2010, 11:51 AM  
DaddyHalbucks
A freakin' legend!
 
DaddyHalbucks's Avatar
 
Industry Role:
Join Date: Feb 2004
Location: Las Vegas, Nevada USA
Posts: 18,975
Quote:
Originally Posted by TidalWave View Post
Buying a house is an investment, he will always have the equity, and more than likely will also gain appreciation.
A house is a necessity --but it is not an investment.

Investments kick off cash, they don't consume it.

__________________
Boner Money
DaddyHalbucks is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote