8 ms·
I couple hundred grand in insured CDs would be a much better security blanket.
by ShabbyDoo 18y ago
I couple hundred grand in insured CDs would be a much better security blanket.
- vaksel 18y agoobviously...but what makes you think you'll be able to get that much, when most of your money is going towards rent? At least with home ownership, most of the money you pay, will go back in your pocket when you sell the house
- redrobot5050 18y agoIf you can sell the house. In a down market, you might lose money, or like the article says: get stuck in a bad local job market. The potential payoff from selling your home isn't "security", its counting your chickens before they've hatched.