True. Your home is at best a minimal feel good investment. Even once paid for, you have upkeep, insurance and taxes. Unfortunatly, most people apply too much of their income to their home and do not invest and save enough. If your home is your biggest investment, you are in trouble.
An investor: buys and holds an asset based upon a return from the underlying asset. A trader: buys and sells an asset based upon nominal price movements of the asset.
You the man
Pdrum2 1 year ago
Thank you.
deadman12078 2 years ago
True. Your home is at best a minimal feel good investment. Even once paid for, you have upkeep, insurance and taxes. Unfortunatly, most people apply too much of their income to their home and do not invest and save enough. If your home is your biggest investment, you are in trouble.
55maat 2 years ago
An investor: buys and holds an asset based upon a return from the underlying asset. A trader: buys and sells an asset based upon nominal price movements of the asset.
libertyeconomics 2 years ago