/biz/ - Business & Finance

>>51425516
I make 60% a year trading stocks on any capital i have available to me and housing only goes up 20% on a good year, i just consider rent a form of cheap margin as it frees up capital i would otherwise have to sink on a downpayment for immediate trading. I COULD take 150k and put it down on a house right now - but i would be losing so much opportunity cost elsewhere that it just isnt worth it. whether it makes sense to rent or buy depends on the individual and how good they are at finances. most people are retards so for them buying an asset that they can just hold for 25 years and then sell isnt such a bad deal, but for anyone comfortable with active portfolio management its a shit deal.

I made this bobo market my bitch.