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With how easy investing in index funds is these days, that's no longer true. You can build wealth more reliably and cheaply with automatic transfers to a targe
by sn9 3y ago
With how easy investing in index funds is these days, that's no longer true.
You can build wealth more reliably and cheaply with automatic transfers to a target date fund than hoping any given real estate market takes off.
- PedroBatista 3y agoAutomatic transfers of what? I think you misunderstood my point, I was talking about most people barely keeping it together most months and not having income to ever afford buying a home and have a “comfortable” life. It’s not about investing in real estate but inheritance of a house when their parents die.
- sn9 3y agoA percentage of every pay check. Investing into index funds regularly is pretty much always gonna be a better investment strategy with higher returns and lower risk than hoping for an inheritance.