| ||||
| All Foreclosure Home Page | Foreclosure Discussion Board | |||
Posted by RSI on May 25, 2007 at 07:52:43:
In Reply to: Re: Depends... posted by mg on May 25, 2007 at 06:53:09:
is a mechanism used to secure a gain that would not otherwise have been had.
Investments can be segregated into two categories: Long term and short term.
Education, Real Estate, IRAs, 401ks, some classic automobiles, and some bond types have been historically classified as long term investments.
Short term investments might include certain stocks, corporate start-up transactions,limited time phased CDs, and the like.
The real estate market is situational and has historically been known to fluctuate; but over time, it ALWAYS increases, which is why a house today costs more than a house 10 years ago; and a house 10 years years ago cost more than a house a decade prior.
A person interested in generational wealth building will not limit their actions / reactions to simply 'what's going on in the moment' but will wisely survey the whole picture to assess future yield potentials.
Your definition of an investment is far too narrow.
Followups are disabled on archived posts
Name : E-Mail : Subject :
Comments: Optional Link URL : Link Title :
