/biz/ - Business & Finance

>>21845077
things that are comfy about home ownership:

-it's a hedge on inflation
-35%ish of your mortgage goes towards paying off your principal
-the rest of the payment (interest) is tax deductable
-you can do whatever the fugggg you want
-you can rent out a spare room for income (covered call writing of living situations)
-if you turn it into a rental you have a 30 year depreciation schedule and can depreciate the property down to $0

>>20148625
i'm sticking to mostly conservative strategies like writing covered calls on dividend aristocrats.

this money is from buying real estate in 2012 and then selling in 2017. i feel pretty overwhelmed but i'm just trying not to be emotional about it.

>>20103086
very true anon. wealth is living below your means.

>>20060610
based. writing covered calls helps lower your cost basis too. i never feel like i'm bagholding when i'm writing OTM covered calls.