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  • Buying House with Loan or Cash

    Posted by Claudio on March 5, 2021 at 14:47

    Hi All,

    I wanted to post this on Twitter but then for privacy, I thought to share it here first.

    After years of saving, I could now buy Apartment cash.

    I’ve decided that this is the apartment I want for the next years, and I don’t want a bigger or cheaper one for me and my family. It’s great for us.

    I have a good job.

    Everyone I ask is suggesting to ask for a loan anyway and invest the money.

    Would like to hear your opinion.

    Thanks a lot

    Claudio replied 1 year, 9 months ago 2 Members · 2 Replies
  • 2 Replies
  • Arno

    Member
    March 5, 2021 at 14:53

    Hi Claudio,

    In my opinion, if you have enough cash to pay for an apartment i would invest a part of that money for a extra stream of income and consider taking a loan. However since you are here on saifedean asking the question…. Why not dollar cost average like half of that currency in Bitcoin? And be patient for a few more years! If you hae a steady job and a steady stream of income now, why settle for 1 apartment?

    • Claudio

      Member
      March 5, 2021 at 15:04

      😀 Thanks Arno!