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Lets Discuss: Why buying a home is Important
Some argue that renting is better, especially for those . . .
10 September 2024 · Tuesday
Good evening, WeekendInvestor
Today’s Daily Byte
Markets opened almost gap up and stayed higher than yesterday, so the downtrend that was witnessed in the last few sessions was at least bucked for the day today. The markets looked reasonably stable going forward.
In today’s video, we will discuss if markets can deliver 0% returns in 15 years. We’ll look at some history of other markets and consider whether we are getting carried away in the exuberance that markets can never fall. Let’s learn from history, be aware of how markets can play out, how our expectations should be built, and how we should be preparing for the worst.
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Why buying a home is Important
The debate between buying a home and renting one is something many people face. Some argue that renting is better, especially for those with jobs that require frequent relocation.
However, when we look at housing affordability over time, the data tells a different story. In many countries, such as the US and UK, the gap between home prices and affordability has widened. While salaries may increase, they often only keep pace with inflation, not with rising home prices.. . . . .
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Crude is the black swan for India
A question that comes up frequently is, what could be the next major event to cause a downturn in the market? Currently, there seems to be a lack of triggers that could pull the market down.
However, one factor that has the potential to shake things up is the price of Brent crude oil. When we look at the past 20 years and adjust for inflation, the price of crude oil has remained largely unchanged. . . . . .
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