Calling it home…

Warren Buffett, one of the wealthiest men in the world, still lives in the home he bought in 1958 for the purchase price of $31,500 in Omaha. Not everyone can be as lucky as Warren Buffett, but we can learn a lesson from him. He owns his home that no doubt has increased in value significantly in monetary terms, but it obviously also has a great deal of intrinsic value as well. That intrinsic value may not equate to a sale prices differentiation, but it appreciates in time just the same. There are different scales of profitability when it comes to home ownership. Emotions are never supposed to play a role in selecting your real estate investment, but it is your home, so remember that when you venture out and look for that place you want call home.

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