Why Are Full timers Wrong?
Every so often we see threads about newly minted full time travelers and the "resistance" they encounter from friends, and family, when they reveal their plans. Somme even keep their plans a secret t...
Forum Discussion
Old-Biscuit wrote:bigdogger wrote:loulou57 wrote:You may not be one wreck away from homeless, but you are one major mechanical malfunction away, or 10 years of depreciation away from being extremely house poor. Your stick home generally appreciates long-term, at least keeping your net worth somewhere close to staying even with inflation (assuming your home is your largest asset) Making your RV rig your largest asset is a sure way to see your net worth start circling the drain.
I don't agree with being one wreck away from being homeless. Sadly, your home can burn down etc. Both homes are insured and can be replaced.
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That's what folks thought in 2007..HA!
My assets have continued to increase and the 5vr was never thought of as an asset that would appreciate in value.
The old S&B being a means of increased worth is old style thinking.
YUP My investments are back where they were in 2007 as is my House! Actually its worth more but i guess that depends on where your house is. I have however lost about 50 grand on my RV's in that time .. not that im surprised and I count it as the cost of having one I wouldn't trade it! your right A house isn't a means of increasing worth, but Its a useable asset that stays relative over time.
People who full time are all types Most have a exit plan This needs to be made clear to those who doubt. Unfortunately I know a few who sold it all put most of it in a RV and Hit the road I think those are the folks people Imagine When they are in Horror. For My comfort level I worry about those also, but its a big world out there.
