Oct 07 2008
Real Estate Investing help needed.
To all you readers of Colorado Victory, I have a timely message for you…Paul McCormick has a really good article on real estate.
This Myth is one that is the hardest for most people to let go of, “Your Home is Your Best Investment.”
Society teaches you that a home is your best investment. During the last three years two million people believed that lie and worked hard in order to qualify for a loan then went out and bought their first home.
Today, because they believed that lie, those people are now facing foreclosure and possibly bankruptcy.
Your home is neither a good nor a bad investment, you should choose it based on other factors, like safety and a good education for your children.
Houses will make people into millionaires only when they use the formula for becoming a millionaire to buy one.
If you are buying a house and you don’t want to go into bankruptcy, then you need to know the truth about money.
Paul McCormick really is an expert on Real Estate Investing and that is why I love reading his articles.
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