/biz/ - Business & Finance

Anonymous Fri Apr 13 07:34:35 2018 No.8890640 [DELETED]

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File: 617 KB, 1180x1178, housing vs s&p.png [View same] [iqdb] [saucenao] [google]

look at this chart and tell me that buying a home is a better investment than just dumping money into index funds.

there are many good reasons to buy a home, but long term investment is absolutely not one of them. if you can rent for a certain amount cheaper and dump the extra you would have spent on a house into index funds, you'll make more money than "investing" in a house.

use this page to run your numbers for your area to find out which option is worth it: https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html

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