/biz/ - Business & Finance

>>58279360
Jeets, go ahead and sleep on this one.
Huwhite man, come on home and grab a margerita!

>>58198607
I agree, I do not want to touch non-US/EU brokers. I do have a large stake on boring MSCI EM ex-china, because fuck china.

I guess the easiest way would be to borrow e.g. 100K EUR in France and buy a two 100K apartments in Vietnam with 50% down payment. Get the other 50% financed in Vietnam. At this point the apartments are cash flow negative and I still have to service the 100K EUR in France, but that is doable I think.

Or just buy one 100K apartment in Vietnam?

What about buying one shitty 100K apartment in France for tax benefits and borrowing in Vietnam? I know I can get a lot of credit due to my "high earnings" in France

>>58198602
Actually my mom does buy stuff for me in Vietnam.

Owning a home:
>tax
>insurance
>interest
>debt
>government can change property taxes up
>can't move locations quickly if at all
>limited to find work within a small location
>if something happens to your house YOU pay
>huge upfront cost you now can't invest with
>have to pay off debt every month
>need to maintain your house. If you don't have time or skills you need to pay someone to do it
>if you don't maintain, maintenance expenses pile up and gets even worse
>home rises and falls in value based on the market
>it can be difficult or impossible to sell if the market is bad
>you need an emergency fund to cover unforeseen property expenses and can't use that money for investing
>area goes to shit. Bad luck

Renting a home:
>you pay a fixed amount every month and can easily budget after it
>monthly expenses are higher but you're much more free
>there's little to no upfront cost
>you can keep money in your investments
>you can easily move very quickly
>whoops, roof is leaking. Not my problem
>whoops, windows need to be changed. Not my problem
>whoops, government requires you install a new sewage system and you have to pay for it. Not my problem
>whoops, government decides you can't use your oil heater anymore and you have to change it to something else that costs a fortune. Not my problem
>whoops, mold in the house. Hey landlord I'm looking for better place to live! fix it fast or I'll move!
>don't need an emergency fund to cover unforeseen property expenses and can use the money for investment instead
>whoops, a big crack in the foundation. Not my problem
>whoops, entire roof needs to be changed because it's old and rotten. Not my problem
>whoops, a water pipe leakage under the floor. Not my problem
>whoops, income went down. No problem, just move to a cheaper place
>income went up. can move to a better place
>area goes to shit. negotiate a lower rent or just move

Should I buy the dead cat bounce?