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Real Estate
Reply to "What percentage of your take home do you spend on your mortgage & tax every month? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]risk avoidance is avoidance of sucess[/quote] Boy, there are a lot of uneducated platitudes being thrown around on here. I am not risk averse. I am smart. I am 100% risk tolerant in my investments because I have a long time horizon for retirement and I can afford to be. But in terms of household budgeting, I refuse to mortgage myself to the hilt at the expense of retirement, savings, investment - and yes, the ability to have money for fun. We have chosen to do it all because we did not buy anywhere near the top of our approved amount. What is not to understand here?[/quote] A house is an investment[/quote]
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