Is buying a apartment a good investment?

[Romeo1111]

I’m 21 now and I am thinking of moving out soon and I have got money from my parents to buy an apartment for around 450-500k.
Do you guys think it would be smarter to just have the money in a fund and wait to move out later?

 

[MANLETprettyBOY]

invest in P$L

 

[Pendejo]

If you don't mind being somewhat tied down by a mortgage and you can get a good rate I would just pay the minimum amount required for the down payment and then put the remaining money on index funds, this way you preserve your capital and still generate returns, this is at least the logical course of action in Spain, there might be more nuance to it depending on where you live.

 

[breadyl]

What country are you living in?

 

[slush]

comes to looksmax.org > asks financial advice

 

[Mike456]

I’m 21 now and I am thinking of moving out soon and I have got money from my parents to buy an apartment for around 450-500k.
Do you guys think it would be smarter to just have the money in a fund and wait to move out later?

Buy land in a profitable area that is not just yet like when you see on the beach a company building huge hotels buy early a property next to it. So when they are bug you will sell it to them to profit

 

[bosnian]

make sure to buy the room on the top floor if available, really all I've gotta tell you

 

[thereallegend]

What currency are we talking here

 

[asdvek]

What currency are we talking here

Probably italian dollars or some shit, idk what the currency is in italia, romeo sounds italian tho

 

[Underdog9494]

450-500k what? Bananas?, apples??

 

[Foreverbrad]

If you are incel or semi-incel just live with your parents and book a hotel room if you manage to get a slay.

Having your own home is only worth it for Chad who can get a new girl every night or guys in LTR who force their girlfriend to pay rent.

 

[CEO]

BALLS DEEP.
CRYPTO.
POSITION YOURSELF ASAP.
YOU HAVE UNTIL JUNE 1st, Tyson.

Stay at a family member's place till the end of this year, Mr. Ballou.
Cash out at the end of 2025 to make a killing.
Don't be a sideliner.
Nuff said.

Peace.