KMS Blog

But if you wait 6-12 months from now to read it, you will get $125.  So what will it be, read now or read later?

• Read now: You get $100, but are out $25.  Can you handle not having the extra $25?
• Read later: You get $125 (not bad return on investment if you wait the 6-12 months).  You have to wait 6-12 months and could miss out on opportunity to use that $100 (Christmas is right around the corner, folks).

• Read now: You know you are going to get $100.
• Read later: You are taking a risk of waiting in that I do not go into bankruptcy, die, leave the county, etc.

• Read now: Hey, you get $100.
• Read later: Your intel tells you it is a safe bet to wait it out.

Okay, so I tricked you into reading this far... there is no money to be given out.  No one is going to get $100 or even $125 for reading this.  (That means: "CONGRATULATIONS!  You just got $0.00, zilch, nada, nothing.)  I am using it as an analogy.

So what am I comparing it to?  The real estate market!!!

• Buy now: You are getting a good deal.
• Buy later: You could get a better deal.  (What if the market improves despite what the media says?)

• Buy now: Mortgage rates are still low.  Underwriting for mortgages is still fair.
• Buy later: Rates could go up.  Underwriting for mortgages could go through another tightening of the belt.

• Buy now: You are doing your part to improve the economy.
• Buy later: You are helping keep the economy down.

• Buy now: Prove the media cannot control us.
• Buy later: You might as well just put a crown on the media, bow to it, and while your at it, bend over and let them keep giving it to us and keep letting them control our lives.  (Wow, I sense a little hostility towards the media coming from me.  Let's see, because of them saying the bubble is going to burst, the market is only going to get worse, etc, people have followed suit.  Who are we to say the media does not know what it is talking about?)

So what do you say, buy now or buy later?