SecularIslamist
𝕯𝖝𝕯 intersectional feminist and Islamist jihadi
- Joined
- Nov 21, 2022
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Maybe it was good for your boomer parents but once the normie is in the market the returns become lower. Index funds (50% USA and 50% world ex US etf) is the way to go.
I get that this is normie advice too. But most people prioritize a house as their main asset appreciator in their lives not the actual market - which is basically codeword for the continued growth and technological progress in the world. if you believe the world will continue experiencing material growth - as it has consistently has since the industrial revolution then you should be invested in the market with every last saving as possible.
If you are thinking of putting a deposit down for a house forget it. 9 times out of 10 you are better off renting and then putting your savings in the market for multiple decades. In 20 / 30 years that will outgrow mortgage payments you would have otherwise made. You will probably live in the same quality housing even renting. Meanwhile you're savings will out appreciate anything you put towards your house. The maths behind it is unquestionable! People just don't do long term and obsessed with home ownership.
There is literally no argument the other way. Literally none. Some of you may want to say buy bitty shitty coin or a specific stock/ sector etf or even gold that will mog the markets. Lmao idc. You are just trying to be high IQ when in reality you are making a speculative investment. At the end of the day, this is a guaranteed approach to your future. Even if you don't think you are invested in the markets you probably are. After all most people's pensions are invested in the market themselves. They (Jews) will never let the market collapse.
I'm aware of muh 1929, muh oil shock, much 90s tech bubble. All of that is totally irrelevant and even if you invested at the peak of these cycles from a long-term perspective you would have still been far better off than buying a shitty house with Jewish interest and locking yourself into a lifelong debt for most of your productive life. It's genuinely the most low IQ thing you can do, even 50 years ago but especially today. You are going to place most of your value inside a SINGLE asset prone to local conditions, interest rates and returns aren't that great compared to markets unless you bought a house in Dubai in the 70s - which would have been a speculative play as any other high risk asset.
The only thing that can convince me that this isn't the rational thing to do is if Yellowstone volcano blows up or an asteroid the size of Kazakhstan hit earth. There is literally nothing that will beat the market unless we see mass extinction.
@KeepCopingLads @Seth Walsh @PsychoDsk
I get that this is normie advice too. But most people prioritize a house as their main asset appreciator in their lives not the actual market - which is basically codeword for the continued growth and technological progress in the world. if you believe the world will continue experiencing material growth - as it has consistently has since the industrial revolution then you should be invested in the market with every last saving as possible.
If you are thinking of putting a deposit down for a house forget it. 9 times out of 10 you are better off renting and then putting your savings in the market for multiple decades. In 20 / 30 years that will outgrow mortgage payments you would have otherwise made. You will probably live in the same quality housing even renting. Meanwhile you're savings will out appreciate anything you put towards your house. The maths behind it is unquestionable! People just don't do long term and obsessed with home ownership.
There is literally no argument the other way. Literally none. Some of you may want to say buy bitty shitty coin or a specific stock/ sector etf or even gold that will mog the markets. Lmao idc. You are just trying to be high IQ when in reality you are making a speculative investment. At the end of the day, this is a guaranteed approach to your future. Even if you don't think you are invested in the markets you probably are. After all most people's pensions are invested in the market themselves. They (Jews) will never let the market collapse.
I'm aware of muh 1929, muh oil shock, much 90s tech bubble. All of that is totally irrelevant and even if you invested at the peak of these cycles from a long-term perspective you would have still been far better off than buying a shitty house with Jewish interest and locking yourself into a lifelong debt for most of your productive life. It's genuinely the most low IQ thing you can do, even 50 years ago but especially today. You are going to place most of your value inside a SINGLE asset prone to local conditions, interest rates and returns aren't that great compared to markets unless you bought a house in Dubai in the 70s - which would have been a speculative play as any other high risk asset.
The only thing that can convince me that this isn't the rational thing to do is if Yellowstone volcano blows up or an asteroid the size of Kazakhstan hit earth. There is literally nothing that will beat the market unless we see mass extinction.
@KeepCopingLads @Seth Walsh @PsychoDsk
