@equitymates: Buy a house or invest in stocks? A good reminder there are other ways to build wealth outside of property.

EquityMates
EquityMates
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Region: AU
Thursday 30 January 2025 21:41:19 GMT
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ralphborat
ralph borat :
can you live in a stock portfolio
2025-01-31 00:47:06
916
beltana1
Beltana :
Your $1m property you purchased would also be worth $6m in 30 years
2025-01-31 09:21:21
313
jimmyjamjar1
James :
No worries I'll just be homeless until I'm 60 bro
2025-01-31 06:50:38
129
tikalick
tikalick :
So you’d be living in the local park then?
2025-01-31 07:54:44
22
andrew_mcleod_au
andrew_mcleod_au :
House would be worth $6m after 30 years too, PLUS, you get a house to live in!
2025-01-31 02:07:45
103
102304589a
102304589 :
This logic doesn’t make sense. If you put all of that 6k into stock, where would you live? Compare apples to apples! 😳😳
2025-01-31 05:31:01
22
skbo512
skbo :
The comparison would be the value of a 1mil property fully paid off in 30 yrs with appreciation of 6% annually
2025-01-31 01:52:09
6
themortgageman_nz
Aaron | The Mortgage Man :
This is an unrealistic example. A better comparison would be vs the house growth and/or only using investing the left over money after you take out the cost to pay for rent.
2025-01-31 18:12:44
15
ihopfan
ihopfan :
you're paying 6 grand a month towards your house sure. but if you move that 6 grand into investments...where are you living? where is rent money coming from?
2025-01-31 15:15:58
6
3minipekka
Neo :
What about rent? With mortgage it allows you to live in that property. If you invest the same amount of money then you will need to pay rent
2025-02-01 02:08:50
7
brodieroache368
brodieroache368 :
missing rent.....
2025-01-31 02:00:23
21
doobynuts
Pooty Tang :
It will cost me $6000 to rent so where do I get the $6000 to invest in the stock market?
2025-01-31 03:30:36
6
maggers17
Maggers :
No tax when you sell your PR. How about stocks?
2025-01-31 08:41:00
8
vulturesrighteous
vulturesrighteous :
that's a terrible example, can I live in the share market? or pay 6000 to shares and God knows how much in rent,
2025-01-31 06:52:40
5
lemonturt
Lemon :
where do you live then? if you don't have a mortgage and no rent?
2025-01-31 02:48:22
10
discobiscut71
Discobiscut 🇦🇺 :
So where are you living those 30 years?
2025-01-31 23:13:20
5
ajtheastute
ajtheastute :
Yeah, but where do you live for 30 years?
2025-01-31 02:48:46
6
onehendersonuk
oneHendersonUK :
where are you living for those 30 years?
2025-01-31 13:58:07
81
girlygolftragic
girlygolftragic :
But where do you live? Renting is also expensive. A friend of mine put all her money in stocks instead of buying a house (90’s) & the market crashed. She lost most of it. Took her 20 years to recover
2025-01-31 21:03:29
11
chaddyb01
chaddyb01 :
And where you going to live
2025-01-31 04:01:25
5
jimmy.redskin
Jimmy Redskin :
But where are you going to live? Rent isn't free either! 😂
2025-01-31 08:36:21
13
ajstewart84
AJ Jeffy Stewart :
Ok but then where do I live?
2025-01-31 04:57:17
6
ttd909
Thien Do :
What about the rental return?
2025-01-31 10:56:17
5
donjuliiio
Jules B :
how U get a million dollar loan for buying shares?
2025-01-31 13:26:59
10
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