4.4 • 1.3K Ratings
🗓️ 12 March 2023
⏱️ 10 minutes
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0:00.0 | This episode is brought to you by Royal London, the UK's largest mutual, life, pensions and investment company. |
0:08.0 | What even is a mutual anywhere? Well, Royal London is customer owned. |
0:12.0 | It has been since 1861. They work to support customers and wider society, |
0:17.0 | to help build financial resilience, while investing responsibly, |
0:21.0 | to help build a future worth returning into. |
0:23.0 | It really is everyone's business. |
0:26.0 | Learn more at RoyalLondon.com slash mutuality. |
0:30.0 | This is Optimal Finance Daily, episode 2234. |
0:34.0 | Why Your House is a Terrible Investment by J.L. Collins of J.L. Collins NH.com. |
0:41.0 | And I'm your host and personal finance enthusiast, Diana Mariam. |
0:45.0 | Welcome back to another edition of Optimal Finance Daily, |
0:48.0 | where I narrate articles that can help you live a life that's a bit happier and more financially sound. |
0:54.0 | So with that, let's get to today's post and start optimizing your life. |
0:59.0 | Why Your House is a Terrible Investment by J.L. Collins of J.L. Collins NH.com. |
1:10.0 | James Altature calls home ownership a part of the American religion, |
1:15.0 | so I know I'm treading dangerous ground here. |
1:18.0 | But before you get out the tar and feathers, let's do a little thought experiment together. |
1:23.0 | Imagine over a cup of coffee or a glass of wine, we get talking about investments. |
1:28.0 | Then maybe one of us, let's say you, says, hey, I've got an idea. |
1:33.0 | We're always talking about good investments. |
1:35.0 | What if we came up with the worst possible investment we can construct? |
1:40.0 | What might that look like? |
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