Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Collection or house
>
Reply to Thread
Message:
<p>[QUOTE="Paddy54, post: 2353001, member: 19250"]To give a quick and straight answer no! In fact I rather sell the house ,rent and buy more coins.</p><p>A house is a money pit.......and I'm done with repairs, mortgage , and a investment that was a worth it in the 50's- 70's and now a joke.</p><p>My wife has a patient that saw all the mess in the housing market coming. This guy was sharp, he sold the house before the bottom dropped out, and rented. He also got out of the market ,and also closed his 401K's and IRA's. Since he was not old enough to do so he took the hit from the feds .He then put all his money in C D'S .</p><p>Where most took a 40 % hit in their 401,&IRA'S he didn't yes he did pay uncle Sam but still managed to fair out much better then most. He got full price for his home,that two years later was under water with the new buyer.</p><p>He didn't loose the money he would of in the market and his savings on paper. He had the paper in a safe secure cd.</p><p>Yes true no growth to speak of .....but he's still setting on a nice nest egg. No mortage, no repairs, no worries. That's what I'm talking about . .... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Paddy54, post: 2353001, member: 19250"]To give a quick and straight answer no! In fact I rather sell the house ,rent and buy more coins. A house is a money pit.......and I'm done with repairs, mortgage , and a investment that was a worth it in the 50's- 70's and now a joke. My wife has a patient that saw all the mess in the housing market coming. This guy was sharp, he sold the house before the bottom dropped out, and rented. He also got out of the market ,and also closed his 401K's and IRA's. Since he was not old enough to do so he took the hit from the feds .He then put all his money in C D'S . Where most took a 40 % hit in their 401,&IRA'S he didn't yes he did pay uncle Sam but still managed to fair out much better then most. He got full price for his home,that two years later was under water with the new buyer. He didn't loose the money he would of in the market and his savings on paper. He had the paper in a safe secure cd. Yes true no growth to speak of .....but he's still setting on a nice nest egg. No mortage, no repairs, no worries. That's what I'm talking about . .... :)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Collection or house
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...