But But But Housing is the only game, you must BUY!
invite response
2013 May 16, 12:01am 14,960 views 61 comments
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MsBennet
2013 Jun 9, 12:39pm
Your $100k in stocks would need to go up 50% to match.
The money you have in stocks could well go up 50% in anywhere from five to eight years. Remember, you might be accumulating dividends along with the stock market going up. The beauty of compounding! Also you will be able to put more money into the stock market, if you are not using all that money to pay the mortgage/upkeep on a house.
That being said, I still think it's a wonderful thing to buy a home if it's in any way affordable especially if you plan to stay in one place, because it beats inflation and gives you security that you will never be thrown to the streets in your old age. It's a place to raise your family, makes memories., leave the home to your kids if you can.
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I can't help but realize that in the last few months my equity investments have jumped savagely on increased earnings. While Realtors are hoping that housing is going to continue to improve, we are witnessing the biggest turn-around in stocks ever. Where are you putting your money?
http://finance.yahoo.com/blogs/hot-stock-minute/cisco-soars-dell-kohl-reporting-dillards-delivers-105834522.html?vp=1
#housing