bluecollardollar: on buying a house, part one and two

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In the world of personal finance, asking what's the worst that could happen is not the same as asking: "will I be able to afford this?" or "have I saved enough for retirement?"
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American dream or not, the games you may have once played with financing your home are not available for the vast majority of homeowners.
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The mutual fund investor has a great many more options available to them in the post-Great Recession marketplace. The question is: are they right for you as you make a retirement plan using 401(k)s or IRAs?
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on buying a house, part one and two

Part one deals with the emotion.

I thought that today (on the Financial Impact Factor Radio with Paul Petillo, Dave Kittredge and Dave Ng) we would switch gears a bit and talk about something that plays a significant role in what defines us as Americans: our homes. Ellen Thomas once suggested: "Normal is getting dressed in clothes that you buy for work and driving through traffic in a car that you are still paying for - in order to get to the job you need to pay for the clothes and the car, and the house you leave vacant all day so you can afford to live in it."