Quote:
Originally Posted by westopher
You get so defensive, but you're so insulting to everyone in this thread that has any different viewpoint. You have some good points, but your delivery is embarrassing as of late. You may know the ins and outs of finances, but buying a home involves MORE than just finances. Its the place you may raise a family, and for some people its worth that premium for the stability it allows. As someone who has a very difficult time finding rentals, due to my family member (a pitbull mix me and my wife rescued, and the intention to add another to the family) even with perfect credit, 2 stable jobs and a 6 figure household income I still am not eligible for 95% of the rentals available in Vancouver. I haven't purchased yet, and maybe I won't anytime soon, but that stability may be worth the premium. You state many facts about the finances, which many you are obviously correct about, however your emotional thoughts of how YOU want to travel, and how YOU don't want to be tied town is not how everyone feels.
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I see where you are coming at, but I also see where 4444 is coming at. Some of the posts regarding investing in stocks in the last few pages are downright ignorant, or misinformed.
But I think 4444 isnt a politically correct kind of guy so he just calls it for what it is. ignorant comments.
for the average person, investing is not easy. and not many people are knowledgeable about investing. it's not that they are stupid, they just haven't been properly educated on it.
Even when my friends asks me for investment advice on the stock market, I tell them about ETFs, and balanced portfolios, and what is there risk tolerance etc etc etc. they have no idea what I'm talking about. What's an ETF? what do you mean I should have a long term investment horizon etc.? what do you mean what's my risk tolerance? balanced portfolio?
it's not that my friends are not smart, they just arent educated on investments.