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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Knighty Tin who wrote (24937)	3/4/2005 1:50:09 PM
From: mishedlo	Read Replies (3) of 116555

advice from movers Given to Hack on the FOOL movers are at my place right now delivering my things for my move to colorado. the mover was telling me i should have bought a house instead of renting this apt. he said i'm throwing away my money on rent and houses always go up. i pointed to houses across the street and said they cost $500,000 and asked him what the monthly payment would be. he didn't know. i told him my rent for a 3 BR / 2BA apt is $1000 a month. i told him the INTEREST alone on a half million home would be probably twice that. he didn't get it. he still told me i should have bought a house. -hack

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