Talk of The Villages Florida - View Single Post - Do you look at your home here as an investment?
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Old 05-15-2017, 06:43 PM
ColdNoMore ColdNoMore is offline
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Quote:
Originally Posted by Blessed2BNTV View Post
When looking at our net worth, yes we include our home, however do not use the numbers when looking at where we can live out our last days.
Quote:
Originally Posted by skip0358 View Post
I look at our house as a place my Wife & I can live for many years and gather with friends and family. When we're gone it will belong to our 2 daughters for them to do whatever with.
Quote:
Originally Posted by pauld315 View Post
I don't understand the correlation between meeting all bills in our lifetime and having a house being an investment that earns money.

However, to answer your question, I don't really consider this house we bought in The Villages recently as an investment. I have plenty of those. It would be nice if it appreciated but I certainly am not banking on it. If anything I consider this home purchase as an investment in our retirement well being and health.

When it is all over, the kids get what is left. Financial planners tell me that the absolute best financial planning is to spend your last dollar as they are closing your coffin
Yep.