Case–Shiller index - Wikipedia
Housing across the US appreciates at about 1% per year when adjusted for all factors. A mortgage today costs about 4%. Using 4% money to buy 1% money is a very good way to go broke. Maybe the best and simplest. Barney Frank and Chris Dodd fucked Americans bigly by not understanding economics.
Virtually every lib poster on this site sees housing investment as a good thing. It isn’t unless you are already fairly wealthy.
The year over year gain in buying an S and P 500 index fund with an expense ratio of .02%( Vanguard Admiral fund) is 14.4%(look it up). It is absolutely liquid and reliable.
This is a public service message and you will thank me later. ( of course you won’t but that’s ok.)
Housing across the US appreciates at about 1% per year when adjusted for all factors. A mortgage today costs about 4%. Using 4% money to buy 1% money is a very good way to go broke. Maybe the best and simplest. Barney Frank and Chris Dodd fucked Americans bigly by not understanding economics.
Virtually every lib poster on this site sees housing investment as a good thing. It isn’t unless you are already fairly wealthy.
The year over year gain in buying an S and P 500 index fund with an expense ratio of .02%( Vanguard Admiral fund) is 14.4%(look it up). It is absolutely liquid and reliable.
This is a public service message and you will thank me later. ( of course you won’t but that’s ok.)