to the young folks, who think investments and savings are not for them....guys think again. you must have a plan B. so better be prepared than be sorry. It doesnt have to be a doomsday preparation..just enough for you to get going when the patches are rough and touch
Re: House as property
by Ramesh M on Jul 26, 2014 08:18 PM
I wish that was true these days Suraj. Now a days, its the'Real'ists who build the house, and the 'Dreamists' live in it"
Do I really take all the burden of loans and borrowings and savings to buy a house ? I have seen all my friends go bald_and_aged by borrowing money to buy properties.But I look very young and active.They ask me what is the secret ? My secret is I do not have any loan,I did not give any loan except where it is very necessary and the person concerned is in real distress,I do not have a credit card,I do not invest in share market,for me NSC,FD,gold,etc are sufficient to invest. I focus my energy in seing the beauty of nature,spend quality time with kids and family,have fun all the time.
My parents already built a big house brick by brick over 20-25 years in their life time and my family stays in that house with my parents.We two brothers occupied one floor each.Really,do I need to take the headache now and buy one house?
Re: ...
by asujyot on Jul 25, 2014 09:51 AM
You already have a house built by your parents Owning house is not reqd There are so many people not having house So pl donot confuse article not written for you only
Re: ...
by Ramesh M on Jul 26, 2014 08:16 PM
ok, thats another view. But believe me it wont take much time to change that view. Time, as you know, is a great teacher. What is today, is not the same tomorrow. It is good that you are leading a stress free life filled with FUN. really good. however, needs of your family (kids , spouse) wont be the same as you grow. Just watch out and have a PLAN B. all the best.