Thursday, January 30, 2020

ASSETS: Management strategies

During a conversation about investment strategies the other morning, I felt pretty much at sea with the expert's financial lingo but tried my darnedest to look intelligent. 
At one point the discussion turned to the causes of the 2008 financial disaster, and the expert stated that it partially stemmed from the flawed belief that everyone could afford to be a homeowner. "Some people should be renters," he said.
The man sitting next to me, who owns a historical home in Unionville that is gorgeous but extremely high maintenance, raised his hand.
"I should be a renter," he said ruefully.

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