Title | : | Renting vs. Buying a Home: The 5% Rule |
Duration | : | 10:36 |
Viewed | : | 4,688,747 |
Published | : | 11-05-2019 |
Source | : | Youtube |
Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Please note that while this content is broadly applicable, it was originally intended for a Canadian audience. You can't compare rent to a mortgage payment. This way of thinking about the rent versus buy decision is extremely flawed. Comparing a mortgage payment to rent is not an apples to apples comparison. In order to properly assess the rent versus buy decision, we need to compare the total *unrecoverable costs* of renting to the total unrecoverable costs of owning. That may sound like a complicated task, but I have boiled it down to a simple calculation. Referenced in this video: The Case for Renting a Home – Part 1 - https://www.pwlcapital.com/the-case-for-renting-a-home-part-1/ The Case for Renting a Home – Part 2 - https://www.pwlcapital.com/the-case-for-renting-a-home-part-2/ The Case for Renting - https://www.pwlcapital.com/resources/the-case-for-renting/ The Credit Suisse Global Investment Returns Yearbook 2018 - https://www.credit-suisse.com/media/assets/corporate/docs/about-us/media/media-release/2018/02/giry-summary-2018.pdf Read up on more investing advice, insights and white papers here. https://www.pwlcapital.com/teams/passmore-felix/?utm_source=youtube&utm_medium=copy&utm_campaign=ben2019&utm_content=5percent ------------------ Follow Ben Felix on - Twitter: https://twitter.com/benjaminwfelix - LinkedIn: https://www.linkedin.com/in/benjaminwfelix/ PWL Capital Blog Post: https://www.pwlcapital.com/rent-or-own-your-home-5-rule/ Follow PWL Capital on: - Twitter: https://twitter.com/PWLCapital - Facebook: https://www.facebook.com/PWLCapital - LinkedIn: https://www.linkedin.com/company/pwl-capital/ You can find the Rational Reminder podcast on Google Podcasts: https://www.google.com/podcasts?feed=aHR0cHM6Ly9yYXRpb25hbHJlbWluZGVyLmxpYnN5bi5jb20vcnNz Apple Podcasts: https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582?mt=2 Spotify Podcasts: https://open.spotify.com/show/6RHWTH9iW7hdnA7eAg7ukO?si=hjZNfLKuSjSeWX38GPqhVA ------------------
Renting vs Buying a Home: How to Decide 14:40 - 281,981 |
Robert Kiyosaki 2019 - The Speech That Broke Th... 10:27 - 30,599,955 |
How to Retire Early (The 4% Rule?) 14:39 - 490,347 |
All the financial advice you’ll ever need fit... 08:26 - 4,180,120 |
Advice From Warren Buffett 11:53 - 279,172 |
I Feel Like Renting is Wasting Money 07:23 - 931,735 |
Reasons to Avoid Index Funds 09:13 - 683,053 |
5 Ways People Are Dumb With Money 07:59 - 2,610,067 |