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Will buying a house make you money or completely eliminate your future?
2 years ago
18
asset
homeasset
house
realestate
investing
liability
rich dad poor dad
buildwealth
longterminvesting
indexfund
business
Most young people who buy their first home don't really ask why they're doing it or whether it's the right decision. Do you?
A mortgaged house to LIVE in is a practical asset, but not a monetary asset.
Alternatively, some renting strategies can make a house an asset for you and help you build equity and serious net-wealth for the longterm.
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