@n7gifmdn@lemmy.ca to Memes@lemmy.mlEnglish • 11 months agoGold for houselemmy.caimagemessage-square103fedilinkarrow-up1380arrow-down1128file-text
arrow-up1252arrow-down1imageGold for houselemmy.ca@n7gifmdn@lemmy.ca to Memes@lemmy.mlEnglish • 11 months agomessage-square103fedilinkfile-text
minus-squareXavienthlinkfedilink5•11 months agoSo what you’re saying is I should invest in gold because it increases in price at the same rate as housing? So I never actually make any progress? And then in the end I just have a bunch of gold? Why wouldn’t I just buy the house then?
minus-square@Skalbagge@lemm.eelinkfedilink2•11 months agoWell you can buy gold little by little and in the end you sell it and buy a house.
minus-squareXavienthlinkfedilink5•11 months agoOr as somebody pointed out you can invest in an index fund and get higher returns
minus-square@curiousaur@reddthat.comlinkfedilink1•11 months agoNo, you’re missing the point. Invest in housing.
So what you’re saying is I should invest in gold because it increases in price at the same rate as housing?
So I never actually make any progress? And then in the end I just have a bunch of gold? Why wouldn’t I just buy the house then?
Well you can buy gold little by little and in the end you sell it and buy a house.
Or as somebody pointed out you can invest in an index fund and get higher returns
No, you’re missing the point. Invest in housing.
Gold doesn’t require maintenance