Dec-08-2013 10:19 AM
Dec-08-2013 07:41 PM
Dec-08-2013 06:22 PM
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.
Dec-08-2013 05:43 PM
Dec-08-2013 05:20 PM
Old-Biscuit wrote:
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.
Dec-08-2013 05:14 PM
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.
.
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.
Dec-08-2013 05:01 PM
Dec-08-2013 04:41 PM
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.
.
Dec-08-2013 04:38 PM
Dec-08-2013 03:59 PM
Dec-08-2013 03:11 PM
Dec-08-2013 02:32 PM
Dec-08-2013 02:03 PM
Dec-08-2013 01:39 PM
Dec-08-2013 01:25 PM
oldmattb wrote:
In two weeks he went from the adventure of a lifetime to stuck at home, payments on three big new things he couldn't use, huge medical payments, and his savings almost gone. His problems would have been compounded had he had no home to return to.
Matt B
Dec-08-2013 01:13 PM
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.
.