@n7gifmdn@lemmy.ca to Memes@lemmy.mlEnglish • 1 year agoGold for houselemmy.caimagemessage-square75fedilinkarrow-up1310arrow-down1105file-text
arrow-up1205arrow-down1imageGold for houselemmy.ca@n7gifmdn@lemmy.ca to Memes@lemmy.mlEnglish • 1 year agomessage-square75fedilinkfile-text
minus-squareXavienthlinkfedilink4•1 year 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@Skalbagge@lemm.eelinkfedilink2•1 year agoWell you can buy gold little by little and in the end you sell it and buy a house.
minus-squareXavienthlinkfedilink2•1 year agoOr as somebody pointed out you can invest in an index fund and get higher returns
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