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nocommonsense
ParticipantI feel your frustration. It’s a shame how little 100k gets one in terms of quality of life in SoCal. My situation is very similar to yours incomewise. We rented for 3 years before we bought during which time our savings/investment nearly doubled from 130k to 200k. I’m actually not quite sure how that happend. We’re fortunate and extremely grateful that we had considerable equity from our last house which allowed us to make a big down payment. We recently moved into a dream house (a McMansion in a great neighorhood ~20 min from work) and love it. If I were you I’d continue to rent and save/invest until you could afford a dream house. What’s the point of stretching your finances to buy something that’s NOT your dream house?
nocommonsense
ParticipantI feel your frustration. It’s a shame how little 100k gets one in terms of quality of life in SoCal. My situation is very similar to yours incomewise. We rented for 3 years before we bought during which time our savings/investment nearly doubled from 130k to 200k. I’m actually not quite sure how that happend. We’re fortunate and extremely grateful that we had considerable equity from our last house which allowed us to make a big down payment. We recently moved into a dream house (a McMansion in a great neighorhood ~20 min from work) and love it. If I were you I’d continue to rent and save/invest until you could afford a dream house. What’s the point of stretching your finances to buy something that’s NOT your dream house?
nocommonsense
ParticipantI feel your frustration. It’s a shame how little 100k gets one in terms of quality of life in SoCal. My situation is very similar to yours incomewise. We rented for 3 years before we bought during which time our savings/investment nearly doubled from 130k to 200k. I’m actually not quite sure how that happend. We’re fortunate and extremely grateful that we had considerable equity from our last house which allowed us to make a big down payment. We recently moved into a dream house (a McMansion in a great neighorhood ~20 min from work) and love it. If I were you I’d continue to rent and save/invest until you could afford a dream house. What’s the point of stretching your finances to buy something that’s NOT your dream house?
nocommonsense
ParticipantI feel your frustration. It’s a shame how little 100k gets one in terms of quality of life in SoCal. My situation is very similar to yours incomewise. We rented for 3 years before we bought during which time our savings/investment nearly doubled from 130k to 200k. I’m actually not quite sure how that happend. We’re fortunate and extremely grateful that we had considerable equity from our last house which allowed us to make a big down payment. We recently moved into a dream house (a McMansion in a great neighorhood ~20 min from work) and love it. If I were you I’d continue to rent and save/invest until you could afford a dream house. What’s the point of stretching your finances to buy something that’s NOT your dream house?
nocommonsense
ParticipantI feel your frustration. It’s a shame how little 100k gets one in terms of quality of life in SoCal. My situation is very similar to yours incomewise. We rented for 3 years before we bought during which time our savings/investment nearly doubled from 130k to 200k. I’m actually not quite sure how that happend. We’re fortunate and extremely grateful that we had considerable equity from our last house which allowed us to make a big down payment. We recently moved into a dream house (a McMansion in a great neighorhood ~20 min from work) and love it. If I were you I’d continue to rent and save/invest until you could afford a dream house. What’s the point of stretching your finances to buy something that’s NOT your dream house?
January 8, 2010 at 9:06 PM in reply to: House being flipped a second time in less than a year. #500422nocommonsense
ParticipantI can’t believe anyone would pay >$500K for a small place like that.
January 8, 2010 at 9:06 PM in reply to: House being flipped a second time in less than a year. #500571nocommonsense
ParticipantI can’t believe anyone would pay >$500K for a small place like that.
January 8, 2010 at 9:06 PM in reply to: House being flipped a second time in less than a year. #500968nocommonsense
ParticipantI can’t believe anyone would pay >$500K for a small place like that.
January 8, 2010 at 9:06 PM in reply to: House being flipped a second time in less than a year. #501062nocommonsense
ParticipantI can’t believe anyone would pay >$500K for a small place like that.
January 8, 2010 at 9:06 PM in reply to: House being flipped a second time in less than a year. #501305nocommonsense
ParticipantI can’t believe anyone would pay >$500K for a small place like that.
nocommonsense
Participant[quote=flu] You have no commissions to buy and sell stock in Fidelity? Wow. I wish that was the case for me. I have Fidelity too. There’s no fee for mutual funds, but there are fees for buying/selling stock.[/quote]
I meant no maintainance fees. I pay $9 a trade.
nocommonsense
Participant[quote=flu] You have no commissions to buy and sell stock in Fidelity? Wow. I wish that was the case for me. I have Fidelity too. There’s no fee for mutual funds, but there are fees for buying/selling stock.[/quote]
I meant no maintainance fees. I pay $9 a trade.
nocommonsense
Participant[quote=flu] You have no commissions to buy and sell stock in Fidelity? Wow. I wish that was the case for me. I have Fidelity too. There’s no fee for mutual funds, but there are fees for buying/selling stock.[/quote]
I meant no maintainance fees. I pay $9 a trade.
nocommonsense
Participant[quote=flu] You have no commissions to buy and sell stock in Fidelity? Wow. I wish that was the case for me. I have Fidelity too. There’s no fee for mutual funds, but there are fees for buying/selling stock.[/quote]
I meant no maintainance fees. I pay $9 a trade.
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