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bar1080

03/24/24 2:43 PM

#2109 RE: gfp927z #2107

Yes, homes aren't great investments for many people in all decades but they often work out very well in the extreme long run. For one thing, most people buy AND hold their homes and don't panic and sell whenever headlines turn scary. Selling a home and moving to another is too hard and too costly. Munger has talked about that.

Like I've often said, cheap online stock trading that came in the 1990s actually hurt most investors. I still invest like it's 1970 and so should most people.

"You were serious minded about investing from the start, so a big plus. And you didn't waver from that approach,. Contrast that with the average IHUB stock gambler who has a new investing "method" every time the wind blows. My method is always, "buy quality and diversify." I never chase fads whether ii be marijuana or EVs or meme junk.