[quote=sdcellar]
Over the course of a life, we do things that lose us money and things that make us money. You may be losing some money on this one (although time will soften the blow), but if you continue to conduct your life in such a responsible manner, you’ll likely come out ahead in the long run.
[/quote]
I agree with that.
However, this country is setup to encourage risk taking. Most of the time the upside is much higher than the downside. To come out ahead, one has to take risks.
On the other hand, being responsible is not rewarded. In the long run, the ones being responsible are usually left behind.
It is a giant racket, with everyone, the government, bankers, real estate industry, buyers, all being part of it. The ones play the system gains. The ones that refuse to play the game loses.
Of course this is all speaking from the material perspective.
I too believe in doing the right thing. What’s said above is just an observation.
