From skipping coffee runs to hosting dinner clubs, Corcoran Group CEO Pamela Liebman has one message for Gen Z: getting your first home takes sacrifices—but it’s doable, even in today’s pricey market.
People can do the math on that themselves. Let’s say $1000 into SP500 fund in 2010. Invest $300 per month. The markets have been returning on average about 8% per year. Next do the NASDAQ. That has been an incredible investment over the past 15 years.
The coffee thing is a shortcut for saying, “Stop buying stupid shit.”
$10/day is a $300/month habit. That’s significant.
Still, not listening to the rich tell the rest of us how to navigate the world they fucked up.
People can do the math on that themselves. Let’s say $1000 into SP500 fund in 2010. Invest $300 per month. The markets have been returning on average about 8% per year. Next do the NASDAQ. That has been an incredible investment over the past 15 years.
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