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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (6899)	11/17/2002 8:02:01 PM
From: Tradelite	Read Replies (3) \| Respond to of 306849

<<when you buy stocks rather than spending that is called saving>> Hard as it may be to believe, some people such as myself have NEVER considered stock investments to be savings. Any money invested in stocks is "play money" with no guarantees attached to it one way or another, nor is it money that one relies on to pay living expenses at some later point in time. I do, however, consider any money invested in paying down a mortgage to be saving....because some day I'm going to get back some of it, all of it, or more than I ever put into it. The alternative, which is to rent, would be to throw money down the drain every month, never to be seen again in any way, shape or form. Real estate also hasn't yet demonstrated (to me, at least) the ability to go to zero, while we've all seen many stocks do so, easily and fast.