March 3rd, 2008
Home Equity Borrowing - Keep Your Powder Dry
It’s trite to say, but it’s true that a person’s most important financial asset is usually his or her house.
Over time it has proven a formidable weapon to increase the asset of the owner since it’s both used as a shelter to live-in, and as a nearly recession proof security that, like fine wine, gets better with age.
But, and there is always a but, to succeed in amassing a net worth, one needs a minimum of discipline.
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