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Ottawa, Ontario | I have lost money on the stock market.... Real money. Enough that it pains me to think about it.
I have never lost a cent of the money I invested into land. I can see it. I can go and roll around in it. I can smell it. It is mine to control.
A mortgage payment is like a forced savings account. You have to make that payment no matter what. That payment forces you to be a better manager.
Sure, you could put money into a mutual every month, but if you get squeezed, that investment will be the first thing you give up. | |
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Buy land or stocks?
