Author Topic: Buying your own home  (Read 414 times)

Online iiinvestsmart

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Buying your own home
« on: August 06, 2017, 08:20:16 AM »
1.   Take only 70% mortgage loan.  Put up 30% own cash equity.

2.   Your mortgage payment should be about 30% of your disposable income.

3.   Take the mortgage with the lowest rate and for the longest length of time.

[Some may disagree.}
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.