JetzMan

[JetzMan @JetzMan95]

This ^ right here. OP is on X trying to flex about their financial knowledge meanwhile the real ones are using every instrument available to them and straight up earning money - maxing out all their investments and outpacing whatever OP thinks is a smarter move.

If you’re not maxing your 401K you have to be dumb

[JetzMan @JetzMan95]

@oldmedia It’s in the rough

[JetzMan @JetzMan95]

@realimjustkey These are deceptively hard

[JetzMan @JetzMan95]

@ThisName2211 @whitey_xyz but let’s say you put 150K into the house so you miss out investing into the market at that single point in time. You should be investing 30K into the market annually for your entire life, minimally. With our without the house

[JetzMan @JetzMan95]

Why not both? Get yourself a 6% mortgage, use the leverage the bank gives you to offset what you would pay for a (potentially more costly) rental, and then continue to invest in the market. Max out all the instruments available to you. Sure you pay housing insurance and taxes - but that’s negligible compared to what you should already be investing into the market annually with or without a house

I am not suggesting buying a house outright and missing out on investment opportunities

[JetzMan @JetzMan95]

One thing Caleb doesn’t mention is the logistics required to move. Yah you can follow the jobs but now you have a great offer and you’re locked in a lease in another city. The whole premise is not as simple as he makes it out to be

He also never talks about the importance of family on finances, meaning, whether you have dual income or just a spouse who can support a shared lifestyle is a key to financial success - even if they’re stay at home caretakers

Because he did mention that population decline it’s an issue. Yet he didn’t promote this idea on JRE

[JetzMan @JetzMan95]

Your house definitely increased in value since Covid. But let’s say your down payment was 60k. You should be maxing 401k, IRA, Roth IRA and any other instrument available. That alone would be like 140K since Covid in the market, minimum. You can / should be investing annually even with a house. Why limit yourself to just the stock market? Owning a house doesn’t stop you from investing.

And look - if Caleb is correct, then sell your house, rent instead, and invest your remaining equity in the market today. But remember that stocks could go down too. I’d rather cover my bases

[JetzMan @JetzMan95]

@PathComic @whitey_xyz This is the only comment I wanna reply to. I’ve seen the cost to rent houses. You’re basically paying for the landlord‘s mortgage. So get your own mortgage.

[JetzMan @JetzMan95]

@catturd2 @dbongino Beautiful

[JetzMan @JetzMan95]

@TheChiefNerd Spit that gum out lmao

[JetzMan @JetzMan95]

@MarioJLanza It wasnt being named after the famed opera singer and actor?

[JetzMan @JetzMan95]

@steveschirripa2 Bobby was my favorite character

[JetzMan @JetzMan95]

@gandavonmusic @BobbyCastro1994 @get_scifried Lmao came here to say this wtf

*squeals while descending elevator shaft*

[JetzMan @JetzMan95]

@captive_dreamer Is there a reason besides being mentally unstable?

[JetzMan @JetzMan95]

@miguelifornia Bigger than Paxton imo

[JetzMan @JetzMan95]

@bonchieredstate His face looks weathered

[JetzMan @JetzMan95]

@Patriotdadev77 @BrandonHathaw12 What are Clint Russel’s credentials? Genuinely unsure how he found himself in politics because he looks and sounds stupid

[JetzMan @JetzMan95]

@SopranosWorld bada-BAAAAAANG

[JetzMan @JetzMan95]

@nyjets @demario__davis 👋🏿