ilmscore | Prediction Details
"option two is that you could rent a house for $2,100 a month invest $40,000 in the market and continue saving and investing $1,500 a month from the money that you're saving by renting at that point assuming you'd be able to generate a 7% return in the stock market over 15 years that savings will have amounted to over $600,000 in cash which would likely be enough to buy a home outright in cash when you're done renting"
By Graham Stephan | May 29, 2024 | Pending
From video
Renting vs Buying a Home: What NOBODY Is Telling You 00:07:26 - 00:07:47
Interpreted Prediction
By renting and investing the saved difference, an individual could accumulate over $600,000 in cash within 15 years, potentially allowing for an outright home purchase.

Prediction Details

Topic
Long-term Savings (Renting + Investing)

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