I’ve been saving every penny and dime ever since i started working. (7 yrs). I don’t own a house but have paid off all my debts. I hate being in debt and mortgage system and don’t feel like buying any property in insanely expensive bay area. Any recommendations for a better investment area than stocks ? (PS: plz no crypto bitcoin nonsense)
What vehicle was this cash in when it built up to $500k? Checking account?
Hookers, blow and a fire truck
Yeah, spend most of it on that..the rest you can just waste. 😎
Oh what a night
DM me for the details on who to make the check out to & where to send...
Buy a time machine, then buy the house.
Internal transfer to cheaper area -> buy a house
I'm an immigrant and didn't settle well in cheaper Midwest... Too many people harassed me for my skin color ... I feel safer in CA plus better job opportunities
Why not the liberal parts of the south
How did tax get into this? He said nothing about taxes. These tax people with their wierd personal agendas...
Buying a house gets you the mortgage interest deduction
you can take it, quit your job, and try to find your passion. maybe that will align with a business idea or something that will take your life to the next level of fulfillment!
Macho man where are you from?
Why does this matter to the question at hand
Buy gold
No house. No stocks. No crypto. Cash is the only option I see.
Your cash is depreciating in value every year
Don't be silly. Bonds, money markets, and CDs instead of cash. IMO, 80% S&P 500 index funds, 20% Bonds/CDs