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Money and Finances
Reply to "Risks (in your opinion) that you took financially that paid off? "
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[quote=Anonymous][quote=Anonymous]The whole I took a risk by stretching to buy a house is gross. You had advantages that allowed you to afford one. Some posters make it sound like they went out west in a covered wagon looking for gold. Also a house is a place to live. It's equity is useless unless you sell it or take out a high interest loan against it. [/quote] Gross is a weird word for it. Most financial risks required some advantages in the first place. Taking out a big mortgage is a risk. Not a covered wagon, but there's a risk you can't pay it off, your house will lose value, etc. It feels scary when you do it. It might not be your definition of a risk but calling it gross is weird. [/quote]
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