c)Let’s see…$600 versus $11,500. Hmmm. I like that math. That equates to a nice healthy tax return for most of us, come April of next year.

Take those thousands of dollars in tax return, and go on a nice Cruise around Jamaica!

5.WEALTH:

It’s arguably much, much harder for a renter to build wealth. There is no built-in mechanism for appreciation, whereas homeowner has postured themselves wisely for future.

a)Let’s say we have a renter that wants to get wealthy. Great! They must go find a business to run, or a stock to invest in, or come up with a great invention, or be next rock star, or follow a family friends “tip”, and go do Cattle Futures from August to September (just an example, folks…I don’t know anything about cattle…). In any event, most people would be concerned that our renter is following proverbial “pipe dream” towards wealth.

b)But let’s say we have a homeowner who wants to build wealth. Great! What do they need to do? Simple….Nothing…Pay mortgage…Live in house…Go work your job. That’s it. Real Estate appreciates in value, on average, over long haul, like no other financial vehicle. It is a virtual certainty, and it is automatic. The homeowner controls total value of home. That’s magic of leverage.

c) Let me drive point home: Someone might buy a house at $150,000, let’s say, and over course of 7 to 10 years, it is completely reasonable to suggest that this very same house could be worth around $600,000.

Renters do not have a built in advantage for building wealth, whereas Real Estate appreciates in value as a virtual certainty. They don’t call home-ownership “American Dream” for nothing!

SUMMARY:

The subject of deciding on whether to Buy or Rent, is not simple. In end, it boils down to a question of complexity. Being a Renter is simple. Being a Homeowner is more complex, and yet, that does not mean that it is not within your grasp. It IS!!! There are so many people that are just waiting in wings, yearning to help you get there. Real Estate Agents, Mortgage Brokers, Friends, Family, etc.

With all of these resources around you, just about anyone can own a home, and in this great country, American Dream of Home Ownership is completely within all of our grasps!

But do me a favor. Give yourself time to examine these important questions first. Look within. As we all get older in life, we yearn for more. Buying versus Renting is a common theme in this journey. As we wave goodbye to younger years, we say so long to simplicity of life, and we say hello to promise of prosperity, wealth, and a better tomorrow. We also say hello to higher, more complex things. Often times, it’s simply willingness to accept complexity that will get you to understanding you need.

Best of luck on your journey, from Renting to Owning your next Home!

We’ve enjoyed providing this information to you, and we wish you best of luck in your pursuits. Remember to always seek out good advice from those you trust, and never turn your back on your own common sense.

Publisher’s Directions: This article may be freely distributed so long as copyright, author’s information, disclaimer, and an active link (where possible) are included.

Disclaimer: Statements and opinions expressed in articles, reviews and other materials herein are those of authors. While every care has been taken in compilation of this information and every attempt made to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. The author will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.

While components of above scenario will change, catalyst of this nightmare remains same – emotions. You’ll survive nightmare, but experience will forever change you. Fear will shade every future stock market decision and severely limit your ability to objectively evaluate any investment opportunity out of fear that you’ll lose again. But, it doesn’t have to be that way.

Developing a strategy to deal with emotions can give you a winning edge.

Here’s how:

·Don’t go into stock market to feel good about yourself.

·Always look outside of stock market for self-gratification and affirmation.

·Make a commitment to stick to your chosen action plan or strategy. Don’t deviate.

·When a loss occurs, examine it and learn from it. Don’t try to get even.

·Think before you leap into anything

·If you are stressed out, vulnerable, or overly emotional (high or low), do not trade. It’s not worth financial risk.

Remember, key isn’t denying or curbing your emotions, but instead understanding how they impact your investment decisions and developing a strategy to work with them.

©2004 Best-stock-trading-systems.com

You can copy and use this article as long as author bio is included, and nothing is changed. Goarticle.com guidelines for using articles can be found here if you haven’t read them: http://www.goarticles.com/faq.html Delete this paragraph before using article.