Index Funds and Real Estate
When it comes to selling or buying a house it can be a pretty stressful experience. Some people suggest that it is one of the most stressful things most of us will have to go through in our lives. Because it really is a big deal. It is our biggest asset, and doing well on its purchase and sale can have far reaching implications for many years.
I am going to digress here briefly, but hang in with me.. one of the best types of investments is index funds. And one of the reasons they are better than mutual funds is that they cost you less to invest in. Typically you save over 2%. So, your mutual fund has to make 2% more than the index fund just to break even.
Today I was researching a Denver CO real estate company who runs with a similar principal. Basically, they charge on average $10k less than other agents. So, even if they did get you $10k less for your house (which they wont..) you break even.
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