Warren Buffet has proven to be one of the smartest investors of all time. My favorite quote of his is "Be afraid when others are greedy, and be greedy when others are afraid." I would agree. People are afraid now and deals abound. You can buy more for less right now than we have seen in a long, long time.
This is no such thing as job security. There never was and there never will be. If you don't want to be fully responsible for your own finances, then someone else will be.
House values go up and down, stock value goes up and down. Many people are feeling like they have lost money because their holdings are not worth what they were a year ago. Does it really matter? If you are playing blackjack in Vegas and you win a bunch of money and don't get up from the table, is it really yours? Of course not. If you lose that money back to the casino without ever cashing it in, it was never yours. Does it feel good to know when to walk away? Yes it does. Can anyone ever know for certain what he or she needs to do? Of course not. Stop beating yourself up.
Take advantage of a great time to buy. Rates are the lowest they have been in many, many years. There is a $8,000. first time home buyer tax credit. It is a gift. You don't pay it back! If you don't take advantage, who do you have to blame when it is no longer available?
"Be afraid when others are greedy, and be greedy when others are afraid." W. Buffet.