<<<Why try to time the market? I don't need the headache. I'm not looking to make a fortune, just looking to make my retirement nestegg.>>>

That's a good point, and kind of sums up what I really believe anyway. I think I am just getting greedy!

<<<Second, you get a huge tax rebate from the mortgage interest deduction. If you pay 15,000 in mortgage interest, you could get 5K or more in a refund. Do you think you can expect that kind of return in a year if you invested money in the market?>>>

Good post, Andy, and I definitely like the idea of home ownership, especially as my wife is harping about having a baby and I don't want that to happen in an apartment. But, your quote above puzzles me. If I pay $15K in interest, and only get $5K back as a tax refund, how is that a great return? It looks like a $10K loss, to me.

Mike in NJ