@[email protected] to [email protected]English • 2 years agoGold for houselemmy.caimagemessage-square104fedilinkarrow-up1381arrow-down1128file-text
arrow-up1253arrow-down1imageGold for houselemmy.ca@[email protected] to [email protected]English • 2 years agomessage-square104fedilinkfile-text
minus-squareXavienthlinkfedilink5•2 years agoSo what you’re saying is I should invest in gold because it increases in price at the same rate as housing? So I never actually make any progress? And then in the end I just have a bunch of gold? Why wouldn’t I just buy the house then?
minus-square@[email protected]linkfedilink2•2 years agoWell you can buy gold little by little and in the end you sell it and buy a house.
minus-squareXavienthlinkfedilink5•2 years agoOr as somebody pointed out you can invest in an index fund and get higher returns
minus-square@[email protected]linkfedilink1•2 years agoNo, you’re missing the point. Invest in housing.
So what you’re saying is I should invest in gold because it increases in price at the same rate as housing?
So I never actually make any progress? And then in the end I just have a bunch of gold? Why wouldn’t I just buy the house then?
Well you can buy gold little by little and in the end you sell it and buy a house.
Or as somebody pointed out you can invest in an index fund and get higher returns
Gold doesn’t require maintenance
No, you’re missing the point. Invest in housing.