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Renting feels cheaper… until you zoom out 🏡🤔 Yes, owning costs more week to week. $200 more in this example. But after 30 years the renter has spent $936K and owns nothing. The owner has spent $1.25M and owns a $600K asset outright. One of these is an expense. The other is a forced savings plan with a roof on it. The hardest part isn't the repayments, it's getting in. Deposit, borrowing power, grants, stamp duty — that's where most people get stuck.
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Even the covid crash didn't push $MCD this far below its 200 week MA 👀 #stocks #stockmarket #investing #mcd #stockstobuy
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