Do You Have Money Trauma?
Erika Taught Me
00:00
Discussion on Buying vs Renting and Introduction to an Investing App
Factors influencing the decision to buy or rent a personal residence include the price-to ratio in the area, with high-cost cities favoring renting and lower-cost areas favoring owning. Investing in assets is crucial for outpacing inflation, and an investing app called Webull offers between 6 to 12 free fractional shares for new users. Determining the price-to-rent ratio for a city involves dividing the home's price by the annual rent, with a lower ratio indicating a better opportunity for ownership or investment.
Play episode from 20:22
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