Why your home is a lousy investment when you think it's great

All animals walk around naked. Very first humans walk around naked. Who is the joker to indoctrinate us to wear clothings?

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Warren Buffett.
https://www.google.com/amp/amp.timeinc.net/time/money/2792510/swimming-naked-when-the-tide-goes-out

Totally flawed analysis. So dumb that I can’t bother to respond to this billionaire with a lousy investment return and an untold self interest.

Please sell me your 1995 median price house and I’ll pay all the expenses plus the original cost.

There’s an obvious big flaw in the analysis. Can you identify the biggest flaw? I’ll give 10 likes to the first poster who can identify the biggest flaw.

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Biggest flaw: not possible to give more than 1 like per person per post. :rofl:

10 likes to the poster, not the post. Use your critical thinking skills.

Wall Street is shameless. I can’t believe a supposed billionaire is using such a flawed analysis. He should work hard to improve his lousy stock investment return instead of asking more suckers to give him money to collect management fees

Didn’t include the cost of rent. 90% of all millionaires made their money in RE not stocks… .
You make your money in your job or business. Then buy a house, then invest. I was lucky my business my house and RE investments were all in one package. Stock investing is for play money. Something rich people do.
Or IRA money as long as the company matches your investment. Money never to be touched until retirement. Otherwise it is gambling.

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Um… not sure if I want to post 10 times to accommodate your likes… :frowning:

Elt1 nailed it. I just gave 15 likes to his posts in the thread!

Fisher is stupid (or deceptive) to count all the interest and maintenance expenses but not counting the equivalent rent. WS is so shameless that even a billionaire is using its false math to rip people off.

I’m all for good education. But if poeple are deceived by the brainwashing “education” such as this article, it would be worse off to be over educated than under educated.

So flawed… I will also give my accolades to the first person who can point out the biggest flaw with the analysis above… :laughing:

Ken Fisher is a friend. I have worked for him and his wife. Because of SEC rules his personal stock investing is limited.
He has made $100s of millions investing in RE. His Home office home complex is worth $50m. He owns thousands of acres in San Mateo County. His office building in Vancouver Washington. His 100,000sf office building in San Mateo are each worth $50m
He is a RE guru. He is just looking for more suckers to invest in Fisher Investments.

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I know… I throw up every time I receive his “please invest into me if you have a $500k portfolio” mail… they come in big envelopes too. Save some tree please Ken!!! :rofl:

Ken is a marketing genius. He is so good he has convinced Hanera that RE is a lousy investment. He probably owns half of Austin, too… lol

Marketing often times involves deception and misleading. But the problem with Fisher’s marketing is that it is disguised as an “educational” piece. I feel that media has greatly ruined the reputation of “education”.