Why The House You Live In Is NOT An Asset But A Liability? | Building Wealth

While the equity you have in your house contributes to your net worth, how come many consider it to be a liability instead? This video will explore this idea in more detail, and if its technically correct or more of a train of thought. Invest in stocks with low cost at IBKR: https://www.interactivebrokers.co.uk/... Download new mobile app IBKR GlobalTrader: https://globaltrader.interactivebroke... Compound Interest Calculator - https://www.thecalculatorsite.com/fin... ============================================================================= Watch Next: 4 Habits You Need to Build Wealth! -    • 4 Habits You Need To Build Wealth and Achi...   6 Signs You’re A Great Investor! -    • 6 Signs You're A Great Investor! | Traits ...   My Blog – https://www.wisewealthblog.com ============================================================================= Subscribe to my channel! –   / @wisewealth   Follow me on Twitter -   / wisewealth5   ============================================================================== Disclaimer: This video is for entertainment purposes and does not constitute personal financial advice on whether to buy or sell a specific financial security. Capital is at risk, investments may decrease in value as well as increase. You may not get back all the money invested. Investment objectives may differ, and therefore investment strategy must be factored in. If in doubt, seek advice from an investment adviser regulated by the Financial Conduct Authority (FCA).