Debt Ceiling Impact on Your Dollar - Page 2
This moment in time where inflation is rearing its ugly head proves that we better act as quickly as we can in order to hold hard assets. Holding hard assets, like a home, enable us to escape the true wrath of inflationary markets. We are not banking on increased real estate values right now, but hopefully in the future. So, don’t plan on the fix and flip. Leave that to the seasoned investors, who are sophisticated and able to lose the large sums of money in one fell swoop, if the worst happens.
Otherwise, plan to buy for the reasons that our parents did, to go long and hold! The market has become a place where moving every three years and stepping up in lifestyle is simply not attainable for the majority of Americans. The old school mindset is back, find a place and settle-in for the long haul. Rates like these are not going to be around for much longer!