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A comment on Americans Have Never Been So Unwilling to Relocate for a New Job. Parent comment

Re:Americans Have Never Been So Unwilling to Relocate for a ... by sn9 on Wednesday May 17, 2023 @06:43PM (#35982171)
With how easy investing in index funds is these days, that's no longer true.

You can build wealth more reliably and cheaply with automatic transfers to a target date fund than hoping any given real estate market takes off.

[ Parent | on HN ]
Re:Americans Have Never Been So Unwilling to Relocate for a ... by PedroBatista on Thursday May 18, 2023 @06:44AM (#35986244)
Automatic transfers of what?

I think you misunderstood my point, I was talking about most people barely keeping it together most months and not having income to ever afford buying a home and have a “comfortable” life. It’s not about investing in real estate but inheritance of a house when their parents die.

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Re:Americans Have Never Been So Unwilling to Relocate for a ... by sn9 on Thursday May 18, 2023 @05:35PM (#35994409)
A percentage of every pay check.

Investing into index funds regularly is pretty much always gonna be a better investment strategy with higher returns and lower risk than hoping for an inheritance.

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