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« Financial Scriptures, May 7 | Main | Free Money Finance Guest Blogger, Fred Kobrick, Author of The Big Money, Post #1 »

May 08, 2006


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I would say that homeownership is the great dividing line in lifelong economic success. Buy a home and you will lock in your P&I expense and ultimately dispense with it entirely, as you reduce principal and enjoy appreciation and equity buildup. If you cannot buy a home, it is unlikely you will ever attain economic success.

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