08-28-2009, 01:55 PM
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Confirmed User
Industry Role:
Join Date: Oct 2006
Posts: 1,625
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Quote:
Originally Posted by potter
It's hard to say.
The Degree:
Is more of a gamble than the condo. It could help you land a better paying job. It might not though. As in a lot of instances, experience and your portfolio are the key factors. Not always though, and some industries and companies hire based on degree and schooling.
At any rate, a job is going to bring in more money than the condo. Therefore, taking the chance on getting a better job - even if the degree is uncertain to help it. Might be the better option.
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The Condo:
A more solid choice to make an investment in. Getting the condo instantly creates an investment. An investment which is more than likely going to make you money, more so in the long run. However, the housing market is very shaky right now and not a "sure thing". This could work for or against you, the pro being you get in at a killer price, the con being the market doesn't rise that much.
Either way, one condo isn't a set-for-life type of investment. What if the market value of your condo only rises 2% per year. Is 2% of the cost worth it to you to invest all that money?
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Hmm great points thanks!
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Roll that shit, light that shit,
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