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<p>[QUOTE="crazyd, post: 3401720, member: 67221"]Everyone has their investment ideas. I have a modest 401K, getting some shares in the company I work for now, and maybe enough PM right now to buy a low mileage used car. By the time I retire I suspect - enough PM to get a nice brand new car and then some - so not a huge amount - just a emergency stash and a hobby I enjoy..</p><p><br /></p><p>However my biggest investment has been my home - and it will be paid off and upgraded they way we want by retirement. If I followed common investment advise I would not have renovated and accelerated my home loan to pay off early - and put more money in the stock market - but instead I am dealing with a shorter loan and larger mortgage payment- because there is security in having a nice roof over your head and no payments. When I have seen people hit hard times - housing loss is usually the one biggest pain and loss I see - even if they lost all there money in a stock market crash - its the home loss that hurts. The second is lack of decent medical coverage (insurance). So I invest with that in mind.[/QUOTE]</p><p><br /></p>
[QUOTE="crazyd, post: 3401720, member: 67221"]Everyone has their investment ideas. I have a modest 401K, getting some shares in the company I work for now, and maybe enough PM right now to buy a low mileage used car. By the time I retire I suspect - enough PM to get a nice brand new car and then some - so not a huge amount - just a emergency stash and a hobby I enjoy.. However my biggest investment has been my home - and it will be paid off and upgraded they way we want by retirement. If I followed common investment advise I would not have renovated and accelerated my home loan to pay off early - and put more money in the stock market - but instead I am dealing with a shorter loan and larger mortgage payment- because there is security in having a nice roof over your head and no payments. When I have seen people hit hard times - housing loss is usually the one biggest pain and loss I see - even if they lost all there money in a stock market crash - its the home loss that hurts. The second is lack of decent medical coverage (insurance). So I invest with that in mind.[/QUOTE]
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