ETFs are better than buying a house

imagine you put 100k into TQQQ a year ago instead of getting a 300k house. You would have $173k now. Subtracting the difference u lost by renting you're still up like 65k in one year. Now multiply 65k by 30 years you will have $2m by the time you'd have paid off that mortgage. So what's even the point of owning a house?

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  1. 1 month ago
    Anonymous

    >nooo but TQQQ might crash
    It's literally up 30x since 10 years ago

  2. 1 month ago
    Anonymous

    Tqqq is only 3x leveraged. Most house loans are 5x up to 20x leveraged. Houses are also protected by shitholes like Ca to never go down in value.

    • 1 month ago
      Anonymous

      yeah and u get taxed every year so after 30 years that's 1% compounded that's 35% of your house investment gone not including mortgage %

      • 1 month ago
        Anonymous

        Same as ETFs. Gotta sell sometime.

        • 1 month ago
          Anonymous

          or u can just sell enough for rent then the rest keeps going up

  3. 1 month ago
    Anonymous

    BTC has done a 3x since 1 year ago.

    If you put $100k into BTC a year ago you could buy the house outright for cash today instead of mortgage cucking or the next 30 years.

  4. 1 month ago
    Anonymous

    The point of buying is not dealing with all the landlord rules

  5. 1 month ago
    Anonymous

    >bying in asset performs better than taking up a loan
    More at 10, stay tuned

    • 1 month ago
      Anonymous

      the point being a leveraged etf seems better than a leveraged house

  6. 1 month ago
    Anonymous

    So are you just pretending to be a dumbfrick redditor, or are you showing us your true colors?

  7. 1 month ago
    Anonymous

    Renters have the real risk the landlord doesn't renew and pushes them out. Have watched it happen multiple times and it never gets brought up that you have a friction to renting you don't have with home ownership.

  8. 1 month ago
    Anonymous

    You don't dump cash into a house, cash goes to BTC

    You buy with a mortgage, 3% down, live in it until you have 20% equity, refinance when rates drop, then rent it out

    Tax deductions stack, and you can deduct just about everything (mortgage interest, depreciation, property tax, maintenance/repairs.

    Been buying since 2013 using this strategy. Have (4) properties now. About 100k in annual rental income. All properties cash flow.

  9. 1 month ago
    Anonymous

    nah, i'll just go full moron, put my finger in my ass, put 3 letters random together and search a coin that is called like that, that's how i found SPX lol

    • 1 month ago
      Anonymous

      Whats the source of that image?, i swear to god ive seen it before in the news or some shit

      • 1 month ago
        Anonymous

        28 days later iirc

      • 1 month ago
        Anonymous

        Another thing no one mentions about leveraged ETFs is that they reserve the right to close the fund at any time. So if you believe you can just hold through a crash they might just fricking close it on you at the bottom since it isn't making enough money for them anymore.

    • 1 month ago
      Anonymous

      Catman of Greenock

  10. 1 month ago
    Anonymous

    Can't live in an ETF

  11. 1 month ago
    Anonymous

    All these posts and no one mentions the decay with a 3x leveraged ETF....one bad month can and will wipe out years of gains. Of course if the market goes straight up with low volatility a bullish 3x levered ETF will crush it. Now do a simple backtest with a September 2008 market. moron

    • 1 month ago
      Anonymous

      Another thing no one mentions about leveraged ETFs is that they reserve the right to close the fund at any time. So if you believe you can just hold through a crash they might just fricking close it on you at the bottom since it isn't making enough money for them anymore.

    • 1 month ago
      Anonymous

      why would you buy a leveraged etf in the first place

    • 1 month ago
      Anonymous

      why would you buy a leveraged etf in the first place

      small question is it expensive to sell them or is possible to have like half in s&p500 half in leveraged ETF and as it grows you keep moving it to s&p 500 to keep them roughtly 50/50?

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