Achieve Financial Independence
March 18, 2009 Financial, Investment No CommentsIf you are one of those people who, like me, find it difficult or impossible to put away a little something every month, real estate is the ideal investment for you. Without lifting a finger, you are, in fact, earning additional assets.
Each month, as you write out your mortgage check, your house is appreciating in value. This means that you are gaining equity (the difference between your outstanding loan in and what the house is worth). You own more than you when you started. If that’s not savings, what is it? The four walls around you and the roof over your head are better than money in the bank. They are your guaranteed tickets to financial independence.