Quote:
Originally Posted by Babubhat
Those million dollar homes for sale going to feel pain. So many asking 30 percent more than 2 years ago
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It depends on YOUR current position. I am neither looking to sell my home or to buy another. When we bought TEN YEARS AGO, I bought a place to LIVE IN.
I never expected it to go up as much as it did. That does not mean I would sell it cheap. Some focus on their own issues, goals. Perhaps, we all do. Hind sight is always 20-20. I SHOULDA COULDA MIGHTA.
Million dollar homes? A million just is not what it once was. I recall a TV show, The Millionaire. The plot was a philanthropist would anonymously give deserving people a million bucks and they were set for life.
There is an investment guide that says you can withdraw from savings 4% a year and never run out of money. All of these things are guides. If, wrong all you will get is OOPS. In any case 4% of a million is 40,000.