253
Gold for house (lemmy.ca)
submitted 1 year ago by [email protected] to c/[email protected]

wood for sheep?

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[-] [email protected] 5 points 1 year ago

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?

[-] [email protected] 2 points 1 year ago

Well you can buy gold little by little and in the end you sell it and buy a house.

[-] [email protected] 5 points 1 year ago

Or as somebody pointed out you can invest in an index fund and get higher returns

[-] [email protected] 1 points 1 year ago

Gold doesn't require maintenance

[-] [email protected] 1 points 1 year ago

No, you're missing the point. Invest in housing.

[-] [email protected] 5 points 1 year ago

Seems like a lousy investment.

[-] [email protected] 3 points 1 year ago

Let's be real, hordeing physical gold is just something elderly people do because of scam advertisements they see on cable TV.

[-] [email protected] 2 points 1 year ago

monetarist cope

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this post was submitted on 28 Jan 2024
253 points (74.9% liked)

Memes

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