UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: Panther007 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6272  
Subject: Re: Considering a place in the mtns ? Date: 4/29/2012 1:29 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
After selling my third home in April 2010 I am now in the mindset of "no more home ownership". If I look back at all the money that was spent to put up a nice fence, extend a patio, plant trees, water and fertilize, etc. there is no way owning a home is an "investment" - it is truly a money pit.

My new philosophy is to travel more and rent and stay at limited term places and do more exploring. I think ownership ties you down and drains people financially.

Even though the prices are low, the fees and expenses still make no sense to me.

so far, I've traveled to Hawaii for two weeks this past spring. If I owned a home and had a mortgage, etc. probably would have not been able to swing it.

I have scaled way down. Lovin' this new decision.

My point? Consider saving that money and take more fun vacations. The gas and travel time to the mountains sometimes interfers with the "relaxation bennies"

....my 1 cent for today! :-)

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next


Kiddie Card Board
Should kids have their own credit card?
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Currency Legacies by Implication
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.