Date: Sat, 18 Mar 2006 12:32:05 -0600
From: "John"
Newsgroups: misc.invest.financial-plan
Subject: Re: Coming upon age 30, how's my plan going?
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When you say that debt for a primary residence is not 'bad debt'
because it is an appreciating assets should we assume that this is the
same as saying that real estate in general appreciates? Meaning that
even residential properties that are not your primary residence are
just as likely to appreciate?
It seems to be a broad statement implying that over a reasonable time
frame RE always goes up. If that is the case then it sounds like
something worth investing in.
John Corey
PS. When I was a young guy, just starting out, living in the SF Bay
Area, new child, etc. I did find that investing and working full time
was harder than just working.
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