Memes

45399 readers

838 users here now

Be civil and nice.
Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago

MODERATORS

252

Gold for house (lemmy.ca)

submitted 8 months ago by n7gifmdn@lemmy.ca to c/memes@lemmy.ml

106 comments fedilink hide all child comments

wood for sheep?

you are viewing a single comment's thread
view the rest of the comments

[–] Xavienth@lemmygrad.ml 5 points 8 months ago (3 children)

So what you're saying is I should invest in gold because it increases in price at the same rate as housing?

So I never actually make any progress? And then in the end I just have a bunch of gold? Why wouldn't I just buy the house then?

[–] Skalbagge@lemm.ee 2 points 8 months ago (1 children)

Well you can buy gold little by little and in the end you sell it and buy a house.

[–] Xavienth@lemmygrad.ml 5 points 8 months ago

Or as somebody pointed out you can invest in an index fund and get higher returns

[–] Kanda@reddthat.com 1 points 8 months ago

Gold doesn't require maintenance

[–] curiousaur@reddthat.com 1 points 8 months ago

No, you're missing the point. Invest in housing.