re: Soy Boy TOTD: Obsolete Man Skills You Should Ditch

It cost 39% more to buy a home today compared to you fat arse baby boomers

Quit lying

LINK

Just a note and food for thought. When I purchased our first home, rates were in the 7's.

You don't want to wait forever. The difference between 4 and 7 is a bunch.

If it’s so absurd then how come people with middle of the road jobs are still able to buy affordable homes? Sure if you’re talking about San Francisco then yeah, it’s absurd, but depends where you live. It doesn’t make sense to be a millennial making $50k a year and move to SFO and bitch that you can’t afford a home.

You sound like you just don’t enjoy saving for something as important as your own home. Enjoy paying someone else’s mortgage for the rest of your life.

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But how many of those situations actually evolve into a fight? And why should any of them? Physical fighting literally doesn’t solve anything — it just leaves people angry and bruised, or worse.

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As an adult, you should be able to resolve most issues without fighting, but you never know when someone will try to physically attack you so being able to fight is something people should learn how to do to at least protect themselves. What kind of pussy is this?

And while it might not be a popular opinion, I think teenage males should be allowed to fight. When there is a situation in which two teenage males are about to get into it.. Let em go. Let them get it out of their system. Some of these kids need to let that aggression out.

My grandpa use to box in HS, he once told me that if the boxing coach would see two students about to get into it, he would make them go to the gym, put the gloves on and let them go at it. 5 mins later the two who just fought were usually friends again..

That's propaganda

I might make 3-5% a year on a home investment. MIGHT.

And all my equity would be tied into that property

Or I could invest elsewhere and be guaranteed a modest 5-7%. Which would also allow me to move my money into different markets

What kind of fagg0try is this nonsense?

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That's propaganda I might make 3-5% a year on a home investment. MIGHT. And all my equity would be tied into that property Or I could invest elsewhere and be guaranteed a modest 5-7%. Which would also allow me to move my money into different markets

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Flaw in your plan is you're still paying rent, so that money cannot be "invested" in your behalf. THEN, you're allocatting funds for your 5-7% growth, per your words.

If you do BOTH, which bucket is better?

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That's propaganda

I might make 3-5% a year on a home investment. MIGHT.

And all my equity would be tied into that property

Or I could invest elsewhere and be guaranteed a modest 5-7%. Which would also allow me to move my money into different markets

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Huge flaw in this.

Situation A (your situation):

- Invest $1,500 a month in mutual funds/whatever and get a 5-7% return.
- Burn $1,000 a month on rent


Situation B:

- Invest $1,500 a month in mutual funds/whatever and get a 5-7% return.
- Pay $1,000 mortgage, of which $300 per month goes to principle and building equity.


You made it seem like your investments take the place of a mortgage, but in reality your rent takes the place of a mortgage.

I'm not telling you what is best, sounds like you've got it figured out for yourself, but that argument was very flawed.

What

If I have a mortgage that's going to require a sizeable down payment

I could alternatively invest that down payment elsewhere and be guaranteed to earn 5-7%

And the money is moveable. And not wrapped into one house