Saturday, August 26, 2006
My Best Investment
My best investment, by far, was to buy my first house. I was in graduate school and was only making about 12K a year. My wife was working in a large retail store as a Department Manager and was making nearly the same as me. I had some money saved up and impeccable credit so somehow we managed to buy a house. Now mind you, I was living the life of a grad student, so the house was not luxurious by any means, but it wasn't a dump either. We paid 57K for three bedrooms, two baths, and 1500 square feet of living space. The best thing about the house was the kitchen, it was huge. If I had not gotten a job out of state I would have liked to keep it. However, after living in it for 4 years and putting very little money into it (only minor repairs), we sold it for twice what we paid for it.