3 ms·
Find which jobs pay the best and don't kill you. Learn the skills needed to do such jobs and get one. Save as much as you can. Put down a deposit and get a mor
by jokethrowaway 5y ago
Find which jobs pay the best and don't kill you. Learn the skills needed to do such jobs and get one. Save as much as you can.
Put down a deposit and get a mortgage.
Life is not always that straightforward though. Jobs, loves and your very own ideas (will you be tired of paying all those taxes in the USA one day?) can drive you around the world.
Having to sell your house because you need / want to move to another country can be a painful process. Selling your house and moving is not fun in general - if it's to another country it's even worse. Depending on how many years you'll be in the house, the extra equity you're building up can be worth the hassle or not.
You always have the option to burn some money renting and to invest your money in the market. Or at least that's the general idea in normal times.
Now that the market is crazy high after 2 years of locked down economies and 80% of dollars have been printed in the last 22 months, I'm not sure what to expect from the market.
Surely the Keynesian bastards working for the government propped things out nicely, but it's hard to forecast what's going to happen now. I'm investing in real estate as well (in cheaper markets though).
That said, I did the very opposite of what I'm recommending. I saved until I was 30 and I had cycled a few countries and then just bought it with cash and no mortgage. I didn't make any lucky windfall either, just working and selling my skillset.