IFB114: Buying a Home vs Investing in the Stock Market




The Investing for Beginners Podcast - Your Path to Financial Freedom show

Summary: <br> Announcer:                        <a href="https://www.temi.com/editor/t/CTDGKJ7e7z8e04eCPT6yUPvslPLk9wkaqWxFLXkqPD31bnlRdzS9cjAAWDkDW4nC7fYC3AofxeA6tWnNidTv1-87_X0?loadFrom=DocumentDeeplink&amp;ts=0.65">00:00</a>                     You’re<br> tuned in to the Investing for Beginners podcast. Finally, step by step premium<br> investment guidance for beginners led by Andrew Sather and Dave Ahern. To<br> decode industry jargon, silence crippling confusion and help you overcome<br> emotions by looking at the numbers, your path to financial freedom starts now.<br> <br> <br> <br> Dave:                                    <a href="https://www.temi.com/editor/t/CTDGKJ7e7z8e04eCPT6yUPvslPLk9wkaqWxFLXkqPD31bnlRdzS9cjAAWDkDW4nC7fYC3AofxeA6tWnNidTv1-87_X0?loadFrom=DocumentDeeplink&amp;ts=36.18">00:36</a>                     All<br> right folks, welcome to Investing for Beginners podcast. This is episode 114<br> tonight, Andrew, and I are going to discuss a listener question. We got this<br> great question from Jack, and I’m going to take a moment to read the question<br> and then Andrew, and I will do our little back and forth and have some<br> discussion about it. So starting we have, Hello Andrew. I’m thinking about<br> buying a home monthly mortgage costs are currently cheaper than renting in my<br> area, and my family would be able to pay the down payment for me in cash. Do<br> you have any insight into the financial advantages and disadvantages of buying<br> a home? In this case, I have read the buying a home is not a great investment<br> unless you are renting it out due to the hidden costs of home buying. And the<br> fact that a house is a liability until you pay it off. Do you think I should<br> put the money I would use on buying a house to instead invest in a stock<br> market? I’d appreciate any insight you have into this topic. So Andrew, what<br> are your thoughts?<br> <br> <br> <br> Andrew:                              <a href="https://www.temi.com/editor/t/CTDGKJ7e7z8e04eCPT6yUPvslPLk9wkaqWxFLXkqPD31bnlRdzS9cjAAWDkDW4nC7fYC3AofxeA6tWnNidTv1-87_X0?loadFrom=DocumentDeeplink&amp;ts=90.74">01:30</a>                     You<br> want to open this candle warm?<br> <br> <br> <br> Dave:                                    <a href="https://www.temi.com/editor/t/CTDGKJ7e7z8e04eCPT6yUPvslPLk9wkaqWxFLXkqPD31bnlRdzS9cjAAWDkDW4nC7fYC3AofxeA6tWnNidTv1-87_X0?loadFrom=DocumentDeeplink&amp;ts=92.181">01:32</a>                     So<br> yeah, apparently, yeah, let’s crack it open.<br> <br> <br> <br> Andrew:                              <a href="https://www.temi.com/editor/t/CTDGKJ7e7z8e04eCPT6yUPvslPLk9wkaqWxFLXkqPD31bnlRdzS9cjAAWDkDW4nC7fYC3AofxeA6tWnNidTv1-87_X0?loadFrom=DocumentDeeplink&amp;ts=95."></a>