- Leverage: Stocks-you put your money in a little piece of a company. House-you put your money to get all of the house.
- Tax benefits: All I can say here is SUBSIDIES! Thanks Uncle Sam. Don't forget the tax write-offs, interest rate deductions, and depreciation.
- Control: Remember when you buy stocks, you are paying some CEO approximately 500 times the average worker's salary to make decisions with YOUR money and well I don't want to bring up ENRON, oops I just did. That's just one example we could go on and on and on about corporate abuse or should I just say THEFT! When you purchase a home, you have complete control of what you buy, what you pay and where you live. You also have the ablility to increase the value with repairs and updates!
- Value: Unless some act of nature or a major castastrophe occurs, your house will not become worthless. Yes, some are losing a few percent this year; however you/they will make it up. Housing has lost value only one year out of 35, so don't freak out!
Keep this in mind....when it rains, which would you rather have over your head, a roof or a stock certificate?
Well as I stated, all my efforts are in the real estate biz; however I do have another project I am working on and that is a wonderful community website. It offers a community calendar, discussion forum, local government & school info, free classifieds and much more...Check it out
Below is a little peak at me and some friends this past weekend at a great event held by Sam @ HB Skin Spa. Check it out and I'll see you around the neighborhood!