"Those who vote decide nothing. Those who count the vote decide everything." Joseph Stalin
The USA has lost WWIV to China with no other weapons but China Virus and some cash to buy democrats.
Each market/sub market is different of course and at what rate you get in makes a huge difference in your overall success. Buying in 2009/2010 when the market was flooded with foreclosures has paid off nicely. Again depending on where you live has the market peaked today? Would you be buying at the top?
"It would perhaps be smarter, if wealth accumulation is your goal, to rent and put money in the stock market, which has historically shown much higher returns than the housing market," said Nobel Prize-winning economist Robert Shiller at a Standard and Poor's conference last week.
First of all, I wasn't criticizing Shiller. I was criticizing your inability to come up with anything more than one liners or quoting someone else. You aren't really doing much to burgeon your supposed finance credentials
Secondly you obviously don't understand Shiller's quote. He is speaking of an individual buying a house vs. renting. And I agree with him 1000%. People who buy their individual home as a means of it being an investment and/or the interest deduction only are fools. There are many reasons to own home to do it on those two alone is foolish.
But when I speak of investing in real estate that is not what I am talking about.
Of course you never addressed one of the points I made about real estate. Maybe you are too ignorant on the subject and you hide behind one liners?
not everyone has the same goals as you.
real estate is a great way to add to your retirement fund if done correctly.
renting is easy
it takes very little time out of your year
You can make the property pay for its self and then sell it after its paid off by renters.
easy long term add to your retirement package.
when you buy your first home by something you can rent later.
then when you buy your second home KEEP and rent your first home.
its easy as hell compared to many investments
He's saying stocks outperform real estate 2 to 1.
He invented the real estate tracking index.
Stick with slum lording baldy
baldy?
do you thing I'm Immy?
not everyone has the same goals as you dude.
Its an easy ad to the retirement fund for regular Joe dokes like me
because its something they can easily do without fear and loathing.
dude
us regular dokes are not lesser beings.
you just cant shake that capitalist view
Bookmarks