Tuesday, May 01, 2007
How houses can steal your freedom
MoneyWeek: How houses can steal your freedom
American author David Bach has two pieces of advice for anyone wanting to achieve 'financial freedom': pay yourself first, and buy a house. And 'those who already own a home should save to buy an investment property.' Yet, says Merryn Somerset Webb, buying into the property bubble will neither bring you security - nor make you rich.
Posted by mary @ 10:39 AM (141 views) Add Comment
5 Comments
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1. denzil said...
I can only conclude that David Bach (author of book discussed) is a good friend of the MPC's Blanchflower.
In a world of silliness those two chaps stand out like beacons of utter stupidity.
2. Sam said...
a lot of waffling to simply just say;
'be careful of the things that you own, for one day they may own you.'
3. Scott said...
There are faster ways to make it rich than property; robbery, extortion, prostitution, murder, smuggling, fraud.
4. doomwatch said...
It's about time dearest Merryn writes something to this effect in the Times, something which the masses buy, rather
than MoneyWeek which appears to have dissapeared frm the shelves of WH Smith.
5. Chilli said...
great article!!