Marlene Dietrich’s Daily Inspiration
In the final analysis, the one quality that all successful people have is the ability to take on responsibility.”
**Michael Korda**
Marlene Dietrich’s Daily Inspiration
Marlene Dietrich’s Daily Inspiration
Marlene Dietrich’s Daily Inspiration
“Small people try to belittle your ambitions, but great people help you believe you too can become great.”***Mark Twain
Words to live by….believe in yourself and you will be great
Marlene Dietrich Real Estate
Where to put your cash? A house or a stock
Where to put your cash? A house or a stock
A new article came out today trying to indicate whether to put your money in a home or stock.
They try to go back to the late 1890’s to give their advice but looking since the 1980’s it seems to me that that there are conflicting reports. The home values have gone up and taking into account you can live in your investment and receive a tax deduction for your interest paid on your home; and after 2 years you can declare a tax free gain of $250,000 per person ($500,000 per couple) this is a much better investment return than putting your money into stocks.
That being said, you never want to place all your eggs in one basket, less you drop that basket and break your eggs.
If you kept your home investment, even though you received a paper loss, you will end up with a true capital gain. Real estate always goes up, but you cannot say that about all stocks if you hold on to them.
The government is pushing home ownership as an investment. Which is good, interest rates are low, and home owners get a tax deduction which is not received if you are a renter.
Also if you live in Orange County, your values have really returned strongly and had you held onto your home, you would have a nice equity growth, much better that the stock market.
A house can also offer greater returns if the owner chooses to rent it out and not to live in it; and if you sell it within 3 years of renting it you can still receive your tax free capital gains.
It’s a riskier choice, given the current volatility in home prices, but it may be the best way to build wealth.
Before doing anything you should check with your Professional for advice, your tax accountant for taxes and your Real Estate Agent for Real Estate
Marlene Dietrich’s Daily Inspiration
Marlene Dietrich’s Daily Inspiration
“Wisdom is knowing the right path to take…integrity is taking it!”
**M.H.McKee**
We all have choices in life but the ones you chose should be based on INTEGRITY.
**Marlene Dietrich Real Estate**
Marlene Dietrich’s Daily Inspiration
Marlene Dietrich’s Daily Inspiration
“To get what you have never had, you must do what you have never done!”
Unkown**
…
In other words, don’t expect a different outcome if you keep doing the same thing over and over!
**Marlene Dietrich RE**
Marlene Dietrich’s Daily Inspiration
Marlene Dietrich’s Daily Inspiration
“No one is useless in this world who lightens the burden of it to anyone else.”
**Charles Dickens**…
Start this happen during this Thankful and Merry Season and this will be long enough to create a habit which will benefit all from now on.
Feds May Hike Interest Rates Next year
According to sources, the Feds may hike Rates in 2015, not because of any fear of inflation or fears but just because they want to test the waters. They want to raise because they are expected of them.
It has also been predicted that oil prices will go down even further. If it goes to $75 a barrel this would suggest a near Zero inflation in the economy.
With both of these indicators and a number of other important facts, there may be a higher interest rate to buy your home with next year. Even if the homes go down in price, the fact that the interest rate is higher you will not be able to buy the same home for less money monthly unless you are an all cash buyer.
Take advantage of the Holiday Real Estate Market slowdown and negotiate a good price, capture a great interest rate that has just dropped again, and write off the non recuring closing costs on the 2014 tax year so that you can enjoy your new home NOW.
Contact us anytime at 949-400-1021 or MarleneDietrich@Realtor.com
Visit us at www.MarleneDietrichRealEstate.com or www.MarleneDietrichNewportCoastRealtor.com
