Quote:
Originally Posted by Hondaracer
The argument of "renting and investing wisely" has been brought up with many very successful people I know, in the end their response it typically the same. Even with good connections within the market and financial guidance, they've been more down than up in the long run with their investments.
Real estate on the other hand, none of them have lost in the last 30 years.
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the s&p has been outperforming even vancouver's detached home market in the last 30 years after both have been adjusted for inflation. not all investors win but many do.