The Home Equity Trap: Your Home is a Bad Investment

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The Home Equity Trap: Your Home is a Bad Investment

Conventional wisdom suggest that the best way to build wealth is by starting off with buying your own home. Another misguided suggestion is to pay your home off as soon as possible. This advice has been passed down from generation to generation. Spread like wildflowers by so-called “financial gurus”, financial advisers, real estate agents, the government and many more.

Could it be that this advice has been wrong all along? Mike Wade breaks this down and in his counter intuitive

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