29-year-old CEO who manages $1 billion warns young people: Buying a home can be a ‘terrible investment’

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Buying a home can be a 'terrible investment,' a 29-year-old CEO who manages $1 billion warns young people. via CNBCMakeIt

 

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MakeIt If you’re getting your financial advice from a 29 year old. You have bigger issues than wether to rent or buy 😂

MakeIt ok Boomer

MakeIt Next up...quit eating

MakeIt A home isn't an investment. It is shelter. A basic need.

MakeIt Started following cnbc yesterday, stopped after this article. Bye!

MakeIt And today is a great day to cut the cord on CNBC.

MakeIt Do NOT listen to this 🤡🤡. He can afford to own but rents because he can AFFORD to rent and NOT own. He's. BILLIONAIRE. Stop listening to these people who have no idea of your situation and can only speak for themselves.

MakeIt More CNBC total LIBERAL BULLSHIT!!!!!!!!!!!!!!!!!!

MakeIt

MakeIt And paying rent is a great investment? Wtf.

MakeIt What a truly stupid post. Three paragraphs of 'some guy thinks real estate isn't the best investment,' and three paragraphs of 'but wait, a couple other guys think real estate is a good investment.'

MakeIt In India this is going to prove right because even after investing life time savings, mostly all builders are mafia. Will any body sacrifice their hard earned money to builder mafia? These mafia are protected from all corners.

MakeIt One door won’t help you achieve your financial goals. One door is comfortable.

MakeIt If it gives returns it can be profitable

MakeIt I was minimum wage. Bought 🏠 $232.000 when was 30yrs old. My house now cost more less 2.5 millions. I don't know right investment Not sure

MakeIt shall review thanks for info CNBC

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