spideyrdpd
Recycles dryer sheets
- Joined
- Jun 12, 2006
- Messages
- 322
You could of bought that condo with a less than 10k down .
I think that changes the numbers some.
Its always interesting to read what the sentiment is after an investment has performed so well. I still think people are overstating how much real estate will fall. You have to look at local markets though. Not all areas have boomed.
Is your home an asset ? Maybe but I think the point in saying its not or not as great as you think. Is to get people to do something besides thinking that there home will bail them out at old age if your otherwise broke.
While that may help fidelity I think its generally good advice.
I think that changes the numbers some.
Its always interesting to read what the sentiment is after an investment has performed so well. I still think people are overstating how much real estate will fall. You have to look at local markets though. Not all areas have boomed.
Is your home an asset ? Maybe but I think the point in saying its not or not as great as you think. Is to get people to do something besides thinking that there home will bail them out at old age if your otherwise broke.
While that may help fidelity I think its generally good advice.