Quote:
Originally Posted by Rerun
Plus... when I sell my primary residence, I don't have to pay Capital Gains tax on it. Plus you don't have to be an investment guru to understand real estate like you do the stock market. IMHO, stock investment is a suckers game. Mostly only the rich insiders make the big money. By the time the average Joe hears about a good investment, its way too late.
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So are you planning to live on the street when you sell your primary residence? Most likely you're going to buy in the same market that you sold in, thereby netting you a negative return with transaction costs. Also if that's how you think stock markets work, then you probably should just pump your money into your house, since it's like, as a previous poster alluded, a forced savings plan.