I'm 25, no GF, no responsibilities

I'm 25, no GF, no responsibilities
Do I need to buy a house yet, or do I frick it and buy a garage and second project car instead?

The Kind of Tired That Sleep Won’t Fix Shirt $21.68

DMT Has Friends For Me Shirt $21.68

The Kind of Tired That Sleep Won’t Fix Shirt $21.68

  1. 3 weeks ago
    Anonymous

    People pay money to get rid of their second project car

  2. 3 weeks ago
    Anonymous

    Could also make the money work for you. Investing them in something like S&P500. There's no federal mandate to zero your bank account every month.

  3. 3 weeks ago
    Presidencytm

    Have you maxed out advantaged investment fund?
    Do you own your own home?
    Do you have own a rental property?
    If not, you shouldn't even be considering anything aside from abstinence an abus pass

    • 3 weeks ago
      Anonymous

      >Have you maxed out advantaged investment fund?
      >Do you own your own home?
      >Do you have own a rental property?
      Cars are more fun tho. What's the point of that if you have to wait till you're like 50 before you can have fun?

      • 3 weeks ago
        p™

        >50
        earn faster, twink

        Don't buy a house until you know you're staying there 10% years.
        If not, then you basically lose all your equity trying to sell it.

        as opposed to keeping your equity by renting

        • 3 weeks ago
          Anonymous

          Renting is going to be cheaper than owning a house.

          • 3 weeks ago
            p™

            not if you buy a multi-unit.
            think before you post, kiddo

          • 3 weeks ago
            Anonymous

            Cuck mentality lol

          • 3 weeks ago
            p™

            >have all the negatives of an apartment and all the negatives of a house all in one package!

            >passive income bad
            Poor person thought process for the L

          • 3 weeks ago
            Anonymous

            >just buy an apartment building and live in it xddd!

          • 3 weeks ago
            p™

            >just rent and live in an apartment building and stay poor
            dxxx

            >prezo lives in a multi-unit
            jesus frick, that asian ex-gf really fricked you up

            >$3/hr
            Lel

          • 3 weeks ago
            Anonymous

            >i'm being moronic on purpose so i don't have to pretend i was actually wrong
            Also you've moved the goalposts
            Refer back to

            Don't buy a house until you know you're staying there 10% years.
            If not, then you basically lose all your equity trying to sell it.

            Maybe the typo confused your little primate brain. I meant 10+ years.

          • 3 weeks ago
            p™

            Renting a home costs more than typical carrying costs, otherwise landlords wouldn't exist. Anything else poor person?

          • 3 weeks ago
            Anonymous

            >i don't know what kind of expenses are involved in selling a house

          • 3 weeks ago
            p™

            uh do you mean buying?
            The only major costs associated with selling are agent fees and smart people bake that into asking price

          • 3 weeks ago
            Anonymous

            >have all the negatives of an apartment and all the negatives of a house all in one package!

          • 3 weeks ago
            Anonymous

            >tiktok financial advice

  4. 3 weeks ago
    Anonymous

    Buy house asap if you can afford it. Interest rates and prices will only go UP UP UP from here.

    if you dont have house money, get a roth IRA and max it out.

    invest now or be a poorgay forever.

    • 3 weeks ago
      Anonymous

      >prices will only go UP UP UP from here.
      Uhh... houses have gone -20% last year. They're now going for $40K-120K. Services are dissappearing, loans get denied by banks and interest rates are skyhigh.

      • 3 weeks ago
        Anonymous

        Where tf are you?

        https://fred.stlouisfed.org/series/ASPUS

        • 3 weeks ago
          Anonymous

          Eurostan, specifically the khanate of fingolstan. Here's an article about it:
          https://www.hs.fi/talous/art-2000010461519.html

          Seems like I was optimistic, since actual numbers go as low as -30%.

          • 3 weeks ago
            Anonymous

            >as low as -30%
            Sounds like a great time to buy.

          • 3 weeks ago
            Anonymous

            >Sounds like a great time to buy.
            Definitely depends on where it is. Quite a few of the older buildings in binland have leaks, mold and other maintenance issues thanks our boomers having no fricking idea what they were doing with the then-new materials and styles. Yeah, let's just make a completely flat roof so it looks modern, in a country where piles of snow can grow taller than a man. Surely the snow won't deform the roof and start finding its way in. Oh, and the bottom floor has to be level with the ground because that's so modern too, leading to moisture from the ground climbing the concrete and getting into the ground floor's wall insulation.
            Our boomers, in their wisdom, also contaminated the wood with weird benzene compounds and whatever to try and stop it from turning dark while it was sitting in piles outside waiting for use; it may have worked, but those chemicals end up degrading over decades and producing a weird smell that's colloquially known as the "granny cabin odor". That crap is everywhere.
            The somewhat newer buildings might be ok, maybe not. Just remember that they were probably built by brown people whose only shared language was stabbing each other, and who didn't actually understand how they were supposed to install the insulation or its moisture sealing.

    • 3 weeks ago
      Anonymous

      >get a roth IRA
      Hello there Reddit soicuck! If he listens to your shit advice, the maximum he can contribute is $6500 a year, then it's locked until You're 59.5 unless you want to pay a 10% penalty. Which by the way is nothing. He's 25. 35 years later he's 60. Too little too late. That's $800,000 assuming theres no recessions and perfect market conditions at the same growth rate (lmao). That's nothing at age 60. Nothing. All your dating opportunities are gone. Health is shit. You only got 10 or 15 years left after that and it's not even guaranteed you're going to make it to 60 let alone past that point. Money is worth LESS with age and there's nothing dumber he can do than lock that money away toward a future pipe dream of living old the golden years with a nothing nestegg. He's actually better off dumping that into a normal brokerage account and getting high dividend stocks getting the returns here and now to reinvest or use how he sees fit. You're just a stupid midwit that doesn't realize the value of money is directly tied to age with youth holding a premium that quickly subsides with age and goes to zero upon death. You probably never saw big money. You're content to wageslave and have your nice little shitpot of $500k to 800k waiting for you when you're a dementia ridden geriatric. I would sooner blow $6500 a year at a casino than ever do the midwit cope of a heckin rotherinooo. You also mentioned nothing about loopholes to discharge the penalty so you're not smart and you're really in it for the long haul.

  5. 3 weeks ago
    Anonymous

    >buy a garage
    without a house???

  6. 3 weeks ago
    Anonymous

    You can sleep in a car, but can't race a house

    • 3 weeks ago
      Anonymous

      Can you shower in a car?

  7. 3 weeks ago
    Anonymous

    Don't buy a house until you know you're staying there 10% years.
    If not, then you basically lose all your equity trying to sell it.

    • 3 weeks ago
      Anonymous

      I mean, doesn't that really depend on things like location and market growth etc?

  8. 3 weeks ago
    Anonymous

    Housing market is shit. If you're getting fricked with rent then buy something cheap because the market is inflated and everything should come down in the next few years.

    Housing is only a good investment if it keeps you from getting fricked on rent. Mortgage rates are the worst they've been in 40 years. Move back in with your parents.

  9. 3 weeks ago
    S/ó/viet

    >prezo lives in a multi-unit
    jesus frick, that asian ex-gf really fricked you up

  10. 3 weeks ago
    Anonymous

    Buy a garage you can live in. You can make money wrenching while being bathed in gasoline fumes 24/ 7 .

Your email address will not be published. Required fields are marked *