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kichik
on Oct 17, 2019
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A house is a terrible investment (2013)
That's a very good profit even when accounting for interest (~$144k), taxes (~$29k) and maintenance (not sure, maybe $10k a year?). Definitely better than 2.5x your $50k with an index fund tied to S&P 500.
willnz
on Oct 17, 2019
[–]
Even better, I live in New Zealand - we have no capital gains tax here!
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