I haven't checked the numbers but you should include the rent that the house would have earned over this period.
Do you know why there's lots of listed property companies but hardly any listed gold 'stacking' companies?
You guessed it....because gold's a lousy, terrible, non-interest earning bet.
I can tell your calculation is in error without even referring to my calculator.
$450,000 to $1.3m isn't 189%......is it?
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