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If my house is paid for I can live in it without fear of anyone taking it away from me.

If my house is not paid for, but I have money in the stock market and ALL my investments lose money (the value in my house is down as well as my investments) I can still live in my house. Can I still afford my investments? Perhaps.

Now let's assume I lose my job. I can still live in my house. Can I still afford my investments?

If I have a mortgage and investments and they both decrease in value and I lose my job, do I have to worry about losing my house? Yes, I do.

It's all in the risk/reward, as stated before.

I don't like to gamble with the possibility of living on the streets, especially when the market is acting like it has lately, but I know others that aren't worried......yet.

e
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