Comments on: Adams Myth on renting vs. owning http://www.jessicarulestheuniverse.com/2009/01/13/adams-myth-on-renting-vs-owning/ Twisted by Jessica Zafra - Pumping irony since 1994 Sun, 12 Feb 2012 06:01:37 +0000 hourly 1 By: rtvicente http://www.jessicarulestheuniverse.com/2009/01/13/adams-myth-on-renting-vs-owning/comment-page-1/#comment-38667 rtvicente Wed, 14 Jan 2009 06:31:22 +0000 http://jessicarulestheuniverse.com/?p=1996#comment-38667 On investing - I have shares with a mutual fund which I bought 2 years ago - it's currently valued at just 70% of the price I bought it for back then. Do you think it's wise for me to leave it there and wait for the market to pick-up? Or should I re-invest and maybe gain more than my poorly performing mutual fund? Hope to get your advise on this... thanks! On investing – I have shares with a mutual fund which I bought 2 years ago – it’s currently valued at just 70% of the price I bought it for back then.

Do you think it’s wise for me to leave it there and wait for the market to pick-up? Or should I re-invest and maybe gain more than my poorly performing mutual fund?

Hope to get your advise on this… thanks!

]]> By: jeg http://www.jessicarulestheuniverse.com/2009/01/13/adams-myth-on-renting-vs-owning/comment-page-1/#comment-38662 jeg Tue, 13 Jan 2009 06:01:32 +0000 http://jessicarulestheuniverse.com/?p=1996#comment-38662 <i>Unless you can catch the market’s bottom, renting is always more practical in this country — no risk to your capital.</i> This answers a question in my head, Mr. Myth: How do we approach buying a house? Do we treat it like an investment, or do we treat it like any other purchase that we use up (like a car, for instance). I always thought it was the latter but I keep hearing of a house being 'an investment'. Unless you can catch the market’s bottom, renting is always more practical in this country — no risk to your capital.

This answers a question in my head, Mr. Myth: How do we approach buying a house? Do we treat it like an investment, or do we treat it like any other purchase that we use up (like a car, for instance). I always thought it was the latter but I keep hearing of a house being ‘an investment’.

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