For how many of you is your house your largest assest?
 

Curious..

My business is my largest - then my house then my rrsp account (registered retirement account - limited amounts allowed to be deposited a year) - within 10 years house will drop from #2 to #4. my unregistered savingin now are a close #4 and within 10 years they should be larger than the house as well - allowing for growth on all 4 things too.

I have several businesses and collectively they are my largest asset.

My teeth are my largest asset -- solid gold with PLENTY of bling.

Word. :thumbsup

Do you live in the hood?

Bank account and investments are definitely my #1.
WG

i agree....my teeth are the best.....i love roling with full grills

I would bet for 95% of the people here their cars are their biggest "assets"....

:1orglaugh :1orglaugh

Well, since I live where I live it isn't tough for your house to be your biggest asset. Combine that with the fact that two of us own the biggest company, so it is only 50% mine . . .

I expect a different response by the end of 2007 however.

no doubt

Fo' shizzle!

Even more disturbing, some people say "yes, my house is my largest asset," yet they're TALKING about their car. :Oh crap

BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

Wait a minute you can BUY a house?

No shit.

I live by the Robert Kyosaki school of thought .. your home is NOT your biggest asset, it is your biggest liability ..... it is money tied up that is not really working for you.

2c

I'd disagree. Investing in Real Estate (speculatively, or for income etc) is a pretty good way to go.

It is also most peoples largest debt.

probably my DVD collection...followed by my VHS collection

which house?

I did NOT say investing elsewhere if you read it... the theory is YOUR OWN HOME.

Read Rich Dad, Poor Dad

:2 cents: :thumbsup

You got it.

You are paying money back that could be better used INVESTING to make a return.

Kyosaki is brilliant.

But that is just my opinion.

:2 cents:

Unless someone else is paying that debt for you

leverage my son. Leverage.

Yeah, but that goes a step beyond simply paying a mortgage.

Read the book, you'll get what I mean.

;-)

My home appreciated in value by roughly $2k a month last year. :2 cents:

Lucky you.

Mine, or should I say the one I rent from someone else :winkwink: did double that, AND the tax breaks, oh lord, the tax breaks.

:thumbsup

Not so much the house, as the land that it's on.

A steady growing investment portfolio is my largest asset, but sadly at the age of 31, it is no where near what it should be. I plan to start investing again this year.

well yes, my house is among the most valuable assets, along with other re holdings. I belive in re as a great long term investment strategy:2 cents: :thumbsup

My wife and my dog...

domains for me...

right now my house is my biggest asset.

i do hope to change that though


onward and upward!!!!

Well i dont have house so right now is my bussiness biggest asset :)

My house is definately my largest asset... Next, my businesses.

1. Me
2. My bizz
3. My house
4. My cat

My mainstream business is my largest asset

My biggest assets, well I am scratching them right now ... Yawn ;-)

1. Savings funds / Investments
2. Business
3. Guitar Collection

:thumbsup

Your place is priceless Jules !!

Forget the ledger, heaven on earth does not have a value !!!

:thumbsup :thumbsup :thumbsup

Is this in Aus? Been thinking of moving to the southern hemisphere for a bit...

Well my house, but only because it contains my priceless collection of every cabbage patch doll ever made. Its taken me 20 years to amass such a collection. We have 5 bedrooms and 4 of them are filled floor to ceiling with cabbage patch dolls carefully preserved in plexiglass cases. Yes Im a millionaire a cabbage patch millionaire....

he obviously doesn't own property in LA

disturbing

Value of my house and property has gone up nearly 80,000.00 from what we paid for it just 2 years ago. Its all about buying at the right time. :winkwink:

Wait thats not normal? :Oh crap :Oh crap

my rental houses

OK, let's see some pics. I can always appreciate a nice guitar. :thumbsup

My business is my biggest asset. It pays for my house!

I don't know..................Maybe My instrument?!?!?!?!

i have no clue anymore

My business would be my biggest asset. Condo is next with the part of Chicago I'm in going up big time over the years. I'm only 27 so I really just started retirement stuff, but I do have a good chunk of change in various savings/CDs/other shitty investments that is growing too.

bullshit to that - you've just got to be good at the game...
my family house is worth 160% more than what I paid for it 4 years ago (50% of that I paid cash), an apt we rent is worth 900%+ more than what we paid 10 years ago, and our country retreat gained 25% in value in 2 years.

Property investment is as safe as houses, as they say.