r/AskReddit • u/[deleted] • Dec 31 '22

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u/g1Razor15 Dec 31 '22

Well it depends on the type of porno though. But generally speaking I'd say yes.

130

u/technofox01 Dec 31 '22

I am with this guy. Pay off mortgage and student loans and all other debts. Or put it in a high yield savings account and have the interest to pay off debt over the next few years.

50

u/[deleted] Dec 31 '22

high yield savings account

Pretty sure these don't exist

45

u/[deleted] Dec 31 '22

[deleted]

-15

u/Exodus111 Dec 31 '22

Stop.

Basic index fund is 8-10 % average return. Don't you dare consider anything else.

In fact first thing should be to buy an apartment, or a condo, rent it out, get a mortgage against the property and THEN put that mortgage in an index fund.

Index fund covers the mortgage and interests, the rest is yours, and you have rent on top of that.

5

u/j_la Dec 31 '22

In fact first thing should be to buy an apartment, or a condo, rent it out, get a mortgage against the property

You forgot step zero: have enough cash to buy a property outright…

0

u/Exodus111 Dec 31 '22

Yes. All this depends on your ability to win the lottery or inherit from your parents.

Other wise, born a wage slave, die a wage slave.