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/biz/ - Business & Finance


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I’m nearly 30 and I can’t afford a house
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>>62722245
>I’m nearly 30 and
ok, unc
try investing in bit coin next time unc
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Cute, try nearly 45
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>>62722245
>>62722257
Sit down and wait your turn, youngins.
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>>62722245
you are old enough to have bought bitcoin at like 10 bux
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>>62722245
Scott can’t afford the 10yr
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just wait for interest rates to go down to 0%
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>>62722245
just sell 10 BTC that will easily buy a small house
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>>62722288
>selling btc for a liability
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/biz/ has become a graveyard of wagies who failed to /makeit/ in 2020 and are now doomed to wage forever.
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if ethereum hits 20k i might be able to afford a house
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>>62722245
>>
>>62722245
Just buy one anyways we're about to hyperinflate so you probably won't have to repay the full value of the loan
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>>62722245
And if you could, you shouldn't yet. The sacrifice will give you much greater returns, if invested wisely.
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>>62722245
This is actually a blessing. A house keeps you in debt, you pay a quarter of the value of the house to the bank in interest. The average annual return on owning a house is only 3%.

Take this opportunity, take whatever down payment you had saved and put it into stocks. The average down payment plus the average return in the stock market after 30 years, will be worth much more than the average house. You will be richer in the long run.



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