@n7gifmdn@lemmy.ca to Memes@lemmy.mlEnglish • 5 months agoGold for houselemmy.caimagemessage-square106fedilinkarrow-up1379arrow-down1128file-text
arrow-up1251arrow-down1imageGold for houselemmy.ca@n7gifmdn@lemmy.ca to Memes@lemmy.mlEnglish • 5 months agomessage-square106fedilinkfile-text
minus-squareXavienthlinkfedilink5•5 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•5 months agoWell you can buy gold little by little and in the end you sell it and buy a house.
minus-squareXavienthlinkfedilink5•5 months agoOr as somebody pointed out you can invest in an index fund and get higher returns
minus-square@curiousaur@reddthat.comlinkfedilink1•5 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
Gold doesn’t require maintenance
No, you’re missing the point. Invest in housing.