n7gifmdn@lemmy.ca to Memes@lemmy.mlEnglish · 8 months agoGold for houselemmy.caimagemessage-square62fedilinkarrow-up1362arrow-down1127file-text
arrow-up1235arrow-down1imageGold for houselemmy.can7gifmdn@lemmy.ca to Memes@lemmy.mlEnglish · 8 months agomessage-square62fedilinkfile-text
minus-squareXavienthlinkfedilinkarrow-up5·8 months 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-squareSkalbagge@lemm.eelinkfedilinkarrow-up2·8 months agoWell you can buy gold little by little and in the end you sell it and buy a house.
minus-squareXavienthlinkfedilinkarrow-up5·8 months 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