This is a secondary account that sees the most usage. My first account is listed below. The main will have a list of all the accounts that I use.

henfredemars@lemmy.world

Garbage: Purple quickly jumps candle over whispering galaxy banana chair flute rocks.

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Joined 3 years ago
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Cake day: July 4th, 2023

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  • In the same vein, this is partly why I’ve never understood the mindset of individual investors. Like, it’s extremely arrogant to seriously believe that you have an edge over highly resourced institutions and billionaire investors who can afford the best analysts and mathematical models on top of their market influence. I can assure you that whatever strategy you have, theirs is better, and they don’t have to play by the same rules. What can you hope to bring to the table when you’re swimming with these sharks?









  • henfredemars@infosec.pubtoLemmy Shitpost@lemmy.worldHeh heh
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    12 days ago

    Your primary residence is a poor investment for several reasons, but the biggest concern is that the investment is not properly diversified.

    All that money behind a single home, in a single location, subject to the local regulations, neighbors, climate conditions etc. carries significant idiosyncratic risk that is not compensated for by a corresponding risk premium. You are not paid for taking on avoidable and unnecessary risks, like betting on just one home, when institutional investors can own thousands and diversify away those investment-specific risks. You accept a much higher variance in outcomes for no additional expected value on your investment returns.

    That’s on top of the reality that it costs money to own a home, there is significant upkeep and maintenance which can occur unexpectedly, and most home purchases require a mortgage which charges you interest which is typically paid in preference to putting money towards the principal. Landlords can get lower rates for upkeep than an individual can because of their significant bargaining power, such as through negotiation of support contracts.

    By all means, buy a home, but don’t buy it because it’s a good investment. Disclaimer: I am a tool, and this is not financial advice.