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#5
04-28-08, 09:00 PM
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As for the rest. House.
Bad investment right now. Low interest rates + high prices = bad use of money (no wiggle room). Well, owning > renting, but I'd buy the smallest, chespest house you can live with. Trust me, housing is still maybe 15-20% overpriced right now. The fed under the past two administrations has over-controlled the market to a fair-thee-well. There's still a price collapse out there poised to happen and it will not be pretty.
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"Animals die, friends die, and I shall die. But the one thing that will never die is the reputation I leave behind." Old Norse adage |
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