IFB114: Buying a Home vs Investing in the Stock Market
The Investing for Beginners Podcast - Your Path to Financial Freedom - Podcast autorstwa Andrew Sather and Dave Ahern
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Announcer: 00:00 You’re
tuned in to the Investing for Beginners podcast. Finally, step by step premium
investment guidance for beginners led by Andrew Sather and Dave Ahern. To
decode industry jargon, silence crippling confusion and help you overcome
emotions by looking at the numbers, your path to financial freedom starts now.
Dave: 00:36 All
right folks, welcome to Investing for Beginners podcast. This is episode 114
tonight, Andrew, and I are going to discuss a listener question. We got this
great question from Jack, and I’m going to take a moment to read the question
and then Andrew, and I will do our little back and forth and have some
discussion about it. So starting we have, Hello Andrew. I’m thinking about
buying a home monthly mortgage costs are currently cheaper than renting in my
area, and my family would be able to pay the down payment for me in cash. Do
you have any insight into the financial advantages and disadvantages of buying
a home? In this case, I have read the buying a home is not a great investment
unless you are renting it out due to the hidden costs of home buying. And the
fact that a house is a liability until you pay it off. Do you think I should
put the money I would use on buying a house to instead invest in a stock
market? I’d appreciate any insight you have into this topic. So Andrew, what
are your thoughts?
Andrew: 01:30 You
want to open this candle warm?
Dave: 01:32 So
yeah, apparently, yeah, let’s crack it open.
Andrew:
