@jimchuong: #onthisday #education #fatfireclub #personalfinance #financialliteracy #money#retirement #corporate #canada #toronto Want to learn how to build wealth and free yourself from the rat race? Get the free newsletter and learn 5 ways to achieve financial freedom faster: https://FatFIREClub.com/5ways My name is Jim Chuong. I turned $300 into a multimillion dollar retirement by age 40. I’m a Canadian that invests in U.S. stocks and U.S. real estate. Education. Not advice. 15 million views a month on Instagram, TikTok and X. Featured in NBC, TVO, MoneySense magazine, Globe & Mail, Toronto Star, Financial Post. I am not a financial adviser. I do not give financial advice. Consult your financial adviser. I am not a lawyer. I do not give legal advice. Consult your lawyer. I am not an accountant. I do not give tax advice. Consult your accountant. Past performance is not a guarantee of future results. No offer. Not a solicitation to buy or sell any asset or asset class. There is no investment “opportunity”. All investing is subject to risk including the possible loss of the money you invest.

The Lazy Canadian Investor

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Region: US

Monday 16 December 2024 16:17:31 GMT

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Comments

DumbPundit :

Better than renting where you own nothing.

2024-12-17 03:00:34

🤓🤓🤓 :

My home has gone up in value on average 7% every year for past 15 years. How’s that a bad investment? Or same as investing in any stock. 7% is a good return.

2024-12-17 19:34:20

Sam :

But don’t you own properties yourself ?

2025-01-02 05:09:45

Kris Park :

legend

2024-12-16 16:36:46

The Budget Engineer :

The problem is most people sell /upgrade within 5 years. End up just forever paying mortgage. But yea there are pros and cons to rent vs own really depends where you are in life.

2024-12-18 17:23:22

tradewithpaul :

Because he doesn’t want to downsize to a 1 million dollar home and live off 6% off the other 1 million

2024-12-23 02:39:01

Hugh G :

A lot of Canadians (including myself) can sell their homes and rent/live off the investment. They just won’t.

2024-12-29 06:15:04

Myroslav :

😂😂😂

2024-12-17 13:16:34

Mike Hunt :

This poster is the only person referring to your home as an investment. I’ve worked in banking for 22 years and as a Certified Financial Planner. NOBODY is referring to their home as an investment

2024-12-29 16:47:26

Sco :

I know someone who rented and when he passed he had about 20 000 to pass forward to family and I know someone who bought a condo in Vancouver and passed on a million to their family.

2025-01-13 23:19:05

BotSpi20 :

On this day, he hair was dropping. Going bald 😂😂

2024-12-17 07:11:41

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