
MI053: Building Wealth, Staying Wealthy, and Retiring Early with Jeremy Schneider (Personal Finance Podcast)
The Intrinsic Value Podcast - The Investor’s Podcast Network
00:00
The Myth of Buying a Home
There's this myth out there in the world that the home you live in is the greatest investment you ever make. And so my big thing is understand the true cost of home ownership. If you're paying a thousand bucks a month for rent, and then you move into a place that's a $3,000 mortgage, I guarantee you're going to be more broke for having made that move. The $2,000 extra in your house is just going to cost you so much money in all those fees I mentioned.
Transcript
Play full episode