Thread: Home Ownership
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Old 09-18-2021, 03:08 AM
imperiouskitten imperiouskitten is offline
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Originally Posted by unsunghero [You must be logged in to view images. Log in or Register.]
Jealous that are least you are rid of it though. I have this friend/co-worker who’s dad taught him about the stock market and investing ever since he was like 14. He started on his own as soon as he was able, and I’ve almost never seen him lose money on any of his stocks. He also made thousands getting into Bitcoin before it was big. Sometimes I get a little tempted hearing him talk about investments and ask what he would recommend for me to invest in, stock wise. He always tells me that the absolute best use of my money right now is to continue paying off my credit card debt. He said no stock gain is likely to come close to what the interest is costing me there. Already figured that, but it’s boring lol. Just gotta keep plugging away at it I guess, and resist the urge to spend. 2 of the cards I don’t have a physical card for anymore and refuse to order another so that helps with the discipline in not continuing to use it

It’s a seller’s market right now with buying or renting a home, and the bubbles are cyclical so a bust will eventually come when prices go down. However if a person is pretty networked theoretically they could just use roommates to completely cover their mortgage, even with no income of their own coming in. But that would mean finding ones with reliable incomes and ones that might be ok with sharing things like a bathroom. And then there could come questions of ok who is going to do cleaning/maintenance and then what is the plan if there’s drama amongst roommates or something?
Oh man I just can't do the roommates thing although I believe in its power very much. Partnership is the best I can do psychologically, I have learned by experience. Oh the sexual harassment I have gotten from roommates too dude. Having work the next day and the couple you live with is drunkenly demanding a threesome. Just because I worked the flirtation angle to get my foot in that killer deal of a rental with the charitable christian landlords going under market rate...sheesh it's not a quid pro quo thing man!

as for buying a home you are definitely right. remember the bust of 08. if you had cash in the bank for land you were money green golden. i was too young [You must be logged in to view images. Log in or Register.]
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