>>60836643
>>60836652
I'm not leaving, I'm here forever and so are you, and I'm not Indian.
>>60836855
I'm a lower middle class poorfag with a mortgage on a liberal coast, trying to leverage that into being middle class in the Midwest with an eye on moving up to upper middle class. I want to do a cash out refi on my current place to gussy it up to max profits and have liquid capital to move. My question is what do I do from there? I can dump everything into a decent place and have no mortgage, low monthly expenses, and be able to invest extra income going forward. Or I can put enough down to have a managable mortgage and have a substantial amount left to invest, but where? High yield savings is like 4.5%, which in reality probably doesn't even beat inflation. Average stock return is generally measured at 7, realistically lower%. Real estate appreciation varies greatly but I expect it will slow down as markets correct slightly for overvaluation during covid. I always hear about how you should diversify your assets to spread risk if things go bad, but realistically that's just going to kill my returns when things are good. I've thought about investing in real estate, finding undervalued property in need of renovations and turning them into rental properties for passive income with occasional flips when I can avoid capital gains. I figured over time I could leverage all of that into building different businesses around that to serve as tax shelters and hopefully other sources of income. I have the skill set to do all of that and would have the capital to do it in that market, I just don't know shit about money because I've never had any.
