Wait. Don't people say, "Your home is your best investment?
For many people, their home may be their only major investment. For them, that old conventional wisdom might be true. But that is unfortunate.
It is easy to find better investments with dramatically higher long-term returns.
Despite the lower returns, homeowners on average are wealthier for 2 non-investment reasons.
In my latest podcast episode you'll learn:
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How do homes compare to other growth investments for rate of return?
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Why is it unfortunate if your home is your largest investment?
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What are the 2 non-investment reasons homeowners tend to be wealthier?
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Why does your home start being a great investment but then stop?
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Can your home be your retirement plan?
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Is home equity the key to wealth or is it "dead equity"?
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How can you make your home a good investment?
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What are the 2 best strategies to make your home a great investment?
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