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Old 06-30-2005, 04:45 PM
Freakin Freakin is offline
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Join Date: Sep 2004
Posts: 1,633
Default Re: U Got 200k? What to do?

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I don't like the idea of buying a house. I'd rather wait till I was a little older and possibly be married and have a state you are planning on spending a lot of time etc. Plus, if your winrate is for the long-term, you will not be happy that you blew 200k on a shitty house, when you could've gotten a nice house for 4-500k a year from now.

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House's don't depreciate when you drive them off the lot. Um, that was speaking metaphorically; if you removed your house from its lot, I'm sure it would depreciate. The point is that a house is an appreciable asset with other benefits besides growth.

Freakin
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