Quote:
Originally Posted by CivicBlues
500/mo net is basically nothing with all the trouble you're probably likely going to break even if not lose. 20-24k in index gains based on what initial investment? After a 40% historic 1 year return in the S&P500? I sure hope so for yours and my sake as well. Plus the biggest question...where the fuck are you gonna live?
If you wanna go travel and experience the world just do it while you're young, don't try to make everything a cost-benefit decision based on shaky assumptions.
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$300K Equity from sale @ 7-8% = $21-24K.
I was going to home base at my moms now that my brother moved out, then rent/wfh in various cities for $2.5-3K/month for 6mo - 2 years until I turn 30
I've lived alone from 24 - 28, it was fun but there's not much utility / character growth left for $36K/year in housing