/biz/ - Business & Finance

>2020:
>You buy 25k worth of PM mining stocks
>2023:
>Bubble has arrived. You've done a 10x and holdings are now worth 250k
>Meanwhile housing bubble has burst and prices have only fallen or stayed stagnant
>A 600k house from 2020 is now selling for 500k in 2023
>Your 250k mining portfolio now buys a 50% down payment (ignoring taxes for this)
>It's basically a mini-mansion near a golf course/lake/whatever
>Your neighbors are doctors, business executives and politicians
>The other half of the house is paid for with physical PM, other commodity stocks or crypto
>Or maybe just a really competitive loan due to already putting down 50%
>2026:
>The mining bubble has burst by half to only a 5x had you kept holding
>Good thing you sold near the top 3 years ago
>Housing is recovering and your 500k house is up to 600k again
>Congratulations on turning 25k into 300k or half of your house
>You did a 12x in 6 years with little to moderate risk

Believable? Overly optimistic? Time will tell.