Tiger4life306

Time. Can’t buy any more of it.

One of the reasons I prefer the stock market over real estate. My ETF companies are never going to call me and tell me the A/C or toilet needs to be fixed.

Get your finance degree, go grind it out as an investment banker for a few years, probably awful hours but decent salary + bonus. Get some experience on your resume and figure out what type of work and industries you enjoy. Then use that IB experience to get in with a solid PE firm. You’ll be making ridiculous amounts of money by your early 30s

Look at all these affordable houses you avocado toast eating, macha latte drinking millennials could be the owners of but you’re too spoiled!

With the avg. price of $323,973 on these 32 homes listed in Metairie, that are probably anywhere from 30-60 years old and surely won’t have any maintenance issues, and with a low down payment of $32.3k, you’re looking at an affordable monthly note in the ballpark of $2,250!
(Including property taxes and insurance)

This gets you a 3 bed 2 bath (maybe) 1,500 sq. ft. 40 year old home in today’s economy, just feel lucky because when boomers bought their first home, their interest rate was about 15%!!!

Clinch your cheeks and pray you aren’t in any Bridge Builder mutual funds in a taxable account

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I prefer SOXL and will load up next week

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Congrats

Idk man, all I see on LinkedIn these days are these personal brand evangelists telling you to start your side hustle, eventually quit your job, forget the 401k/salary/benefits and work 5-10 hours a week make bank

All these numbers are a joke and pretty much meaningless, just clickbait articles.

They’re saying 6-7% per month

But yes, the whole thing definitely sounds like BS

Your source article is a decade old. LINK

I’d bet if there was an updated version of this, the 2020 decade is lower than the peak avg sq footage of the 2010s…

2014 — the housing market was still recovering from the crash of 2008. Interest rates were at 0, inflation was low, significantly less insurance cost, lower building costs, more housing supply… I could go on but that’s enough to either understand the point, or blow it off if you’ve already made up your mind on housing affordability.


Buying smaller is the only option for many today if they want to own a home without being house poor

They take ice, iced coffee, a bunch of syrups you can buy from Walmart and heavy cream — mix it all together and then hand it over to you for 800% what it cost to make it

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This is how most pro athletes end up broke.

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By becoming a business owner? You are so far off the mark on this take.