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"What Does RL Stand For?" |
Topic subject | RE: An example of a house being an investment. |
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URL | https://forums.carrionfields.com/dcboard.php?az=show_topic&forum=43&topic_id=1280&mesg_id=1303 |
1303, RE: An example of a house being an investment.
Posted by Eskelian on Wed 31-Dec-69 07:00 PM
On any given day there are stocks that go up 15-20%. 10,000 isn't a very significant profit - by the time you pay the selling fees, closing fees and capital gains taxes you're down to like $2000. I'm not sure its the best way to turn a "quick profit". House prices are anticipated to drop for another 2 years or so as well, depending on where you live it could be more or less.
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