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- Feb 20, 2015
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I don't think anyone else has mentioned this potential method yet. It's very theoretical anyway (for me at least at the moment haha!).
If you've got $1m earning you 3% in the bank that gives you $30000 per year to spend on housing. Do you "invest" that by buying whatever house you can with that money? Or, do you do you rent with that money keeping the $1m in the bank but not gaining any equity in a property?
Hmmmm.
If you've got $1m earning you 3% in the bank that gives you $30000 per year to spend on housing. Do you "invest" that by buying whatever house you can with that money? Or, do you do you rent with that money keeping the $1m in the bank but not gaining any equity in a property?
Hmmmm.
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