4 ms·
25 years ago, I sold my previous house. It recently sold for 4x what I sold it for, a 300% ROI. Was selling it a financial mistake? Consider that I didn't pay
by WalterBright 1y ago
25 years ago, I sold my previous house. It recently sold for 4x what I sold it for, a 300% ROI. Was selling it a financial mistake?
Consider that I didn't pay property taxes, insurance, maintenance, and squatter eviction costs for the last 25 years.
Consider that the S&P500 went up 561%.
Buying a house is not a good wealth builder strategy.