What
@gurgavin misses is that there wasn't an option in 1950 to invest $8,000 in the market.
The buyer had a down payment, but had to finance the remaining portion of the home.
Their $1,600 down payment invested in the market would have grown to $3.3 million -- better than the house, but a lot less than $16.4 million.
But what if they could have financed participation in the market, just like they financed the home, at a rate of 6.25% for the entirety of the 75 years.
In that case, their $1,600 down payment grows to $15.8 million, an annualized rate of 13.05%!
Demographics, rates, and lifestyle changes mean homes are no longer the primary vehicle of wealth creation -- financial markets are!
At Basic Capital, we're building the infrastructure and the partnerships to make financing assets in the market a reality.
IF YOU INVESTED THE SAME $8,000 INTO THE S&P 500 YOU WOULD NOW HAVE $16.4 MILLION
ALMOST 15X HIGHER THAN BUYING THIS HOUSE :)