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submitted 7 months ago by SamuelRJankis@lemmy.world to c/canada@lemmy.ca

https://archive.ph/JxZih

Also the source data since news articles seem to hate including them: https://www150.statcan.gc.ca/n1/daily-quotidien/240613/dq240613a-eng.htm

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[-] CanadaPlus@lemmy.sdf.org 1 points 7 months ago* (last edited 7 months ago)

Yeah, but the return rate for stocks over the last century has been 10% per annum. I'm not making it up, this is what an actual financial advisor will tell you about the relative performance of real estate and investing, and why one or the other might be right for you.

You shouldn't really be leveraging yourself to buy into an index fund. If you can buy a house outright that's also a better deal than a mortgage.

this post was submitted on 14 Jun 2024
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