Build Your Net Worth
True or False: One of your 2021 goals is to build your net worth [READ ON]
One of my favorite ways to build your net worth is by purchasing a home (though I may be a tad biased since I sell them for a living
BESIDES selling them for a living, I believe that owning a home makes for a great investment because:
1. It's an investment that literally puts a roof over your head.
So instead of seeing a graph of your stocks fluctuating up and down, you can actually USE this investment right now.
2. It's a stable long-term investment.
I've found that people are afraid to buy in case the market crashes like it did in '08. However, do you see the shape the market is in now? As long as you are treating the home like a buy-and-hold investment (and sell when the market demand is high), you'll get great returns.
3. Each monthly payment you make directly increases your net worth.
Every time you make your payment on time, you're turning your home into more of an asset (rather than a liability) & you're building your equity!
Ready to grow your net worth by buying a home?!
I've created a FREE guide that walks you through the whole buying process (in a quick & easy to digest way). Let me know if you would like me to send you my Buyers Guide.
PS - I am not a financial/ investment advisor and cannot give situation-specific advice. These are just my beliefs & what I've found helpful so I thought you could benefit from them, too.