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People who accumulate so much wealth that they are able to purchase a home in cash are very likely to be doing some kind of investing. Be that traditional inve
by mywittyname 5y ago
People who accumulate so much wealth that they are able to purchase a home in cash are very likely to be doing some kind of investing. Be that traditional investing, running a business, or finding careers in sectors which require lots of time & education. It's just not feasible for people to accumulate large amounts of cash otherwise; the people who do are lottery winners or people with large inheritances.
So the invest/pay off home trade-off is there for everyone. Even for people like doctors, whose investments might not necessary be market-based.