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They say even owning your home is a waste, for if someone else owns and maintains it, you can use the money for investment..

That's even more true after the past few years when many owners are left oweing more money than a house is worth. I've both rented and owned - and like the feeling that someone else can't tell me what to do with the house - or more specifically, what not to do. And most importantly, how many pets I can have ;) But renting sure is easier - nothing to fix, no lawns to take care of, and can move easily if the neighbors get noisy. We wished we were renting now, for the ease of moving. Ater the youngun moves out, we don't need this big ol' house and would like to move closer to hubby's work. We might sell anyway, we'll see...

Never buy a parcel that does not “feel good” for if you are not attracted to it, the next buyer will not be either..

So true! I never really understand the satisfaction one got from owning land until we had our mountain property. We had a few aces in the desert and one acre of grassland in Corpus. It was nice but ... just what it was. Now, the mountain acre I LOVE. I love every tree on it and watching the seasons change and the aspens getting yellow and then green again. I love seeing the baby pines grow bigger each year. The seasonal creek is fun to see again every year and the wildflowers in the meadow are God's gift. And the squirrels and stellar jays are like my own pets. (They don't listen to me either and just want food - not much different than the inside ones!) Anyway, if I had to sell that land, I'd be heartbroken.

Buy cheap, keep your greed level in control and avoid the urge to get quick fast. For that is what crashed the market, too many people with a high greed level, trying to make a pile of money, some did but the end of the pyramid did not.

Yup - I don't think the 80's was the decade of greed - it was the decade of getting to keep more of one's earnings. But this last decade was pure greed, and based on a slippery foundation of credit. Not related to work or earnings or even smart decisions. I really hope this economic crisis we're in brings people back to the old work ethic and satisfaction in earning one's living that made America great.

But this last decade was pure greed, and based on a slippery foundation of credit. Not related to work or earnings or even smart decisions. I really hope this economic crisis we’re in brings people back to the old work ethic and satisfaction in earning one’s living that made America great.<<<

We didn’t get a college education, but we all were working, if there was a nickel to be earned and if there were no jobs available, we gathered up the coke bottles and took them to the store for a penny each, the deposit on them.

And the money went home to mama, it was not spent on candy.

By the time I was 10, I worked in a ladies yard, for a few pennies, at 11 I was cleaning house for her....LOL dust mop a 6 ‘ square and take the dust mop out side and shake it.

I had never seen a dust mop before she put the first in my hand.

At 12 I could drive a tractor in the field all day, right alongside my father, no questions asked, you did what you were told.

I don’t think he ever knew that I grew up to be a woman and not a workhorse for the field.

At 16, I learned to waitress, and in between helped raise the 4 kids that were all younger than me....mom went to work in a cannery.

Talk about feel good land, there is a parcel here in the valley, it is 40 acres and when I am on it, I feel good, the only thing that I could figure is it is adjoining an old volcano and there may still be a electric wave or two there.

I sold it 2 or 3 times over the years, but Bill would not buy it, he swore to never haul water again and was careful to not buy the dry land to live on.