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arthur_affect's profile
Arthur Chu
Arthur Chu
Arthur Chu
Verified account
@arthur_affect

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Arthur ChuVerified account

@arthur_affect

Mad genius, comedian, actor, and freelance voiceover artist broadcasting from the distant shores of Lake Erie (he/him)

Broadview Heights, Ohio
arthur-chu.com
Joined August 2009

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    2. Arthur Chu‏Verified account @arthur_affect Jan 28
      Replying to @thelindsayellis

      I don't really see putting your money in an index fund as "gambling" more than buying investment properties Individual stock picking absolutely is gambling though

      3 replies 2 retweets 180 likes
    3. Lindsay Ellis‏Verified account @thelindsayellis Jan 28
      Replying to @arthur_affect

      PROPERTY IS REAL YOU CAN PUT YOUR FOOT ON IT. STOCKS ARENT REAL ARTHUR

      48 replies 2 retweets 227 likes
    4. Arthur Chu‏Verified account @arthur_affect Jan 28
      Replying to @thelindsayellis

      Just because you can put your foot in a house doesn't mean its value can't rapidly dwindle to nothing for reasons you don't understand or control

      5 replies 1 retweet 168 likes
    5. TexanUpNorth‏ @TheLegalV Jan 28
      Replying to @arthur_affect @thelindsayellis

      Also, someone can buy some shit stocks for hundreds/thousands of dollars. Buying real property and keeping your hands on it takes more than that.

      1 reply 0 retweets 1 like
    6. Arthur Chu‏Verified account @arthur_affect Jan 28
      Replying to @TheLegalV @thelindsayellis

      Actually buying a house to flip it or rent it out is a huge hassle (and a lot of Internet leftists would argue forces you into an unethical position) Buying the house you live in isn't "investment" but consumption (you can't get the money back out without risk to your lifestyle)

      2 replies 0 retweets 11 likes
    7. Lindsay Ellis‏Verified account @thelindsayellis Jan 28
      Replying to @arthur_affect @TheLegalV

      it very much is an investment lol aaaaand conversation muted

      2 replies 0 retweets 5 likes
    8. ZZTodd, Professor Doktor of Antifa Studies  ☣‏ @ntoddpax Jan 28
      Replying to @thelindsayellis @arthur_affect @TheLegalV

      Yeah, my house was a domicile and investment, and selling it after 25 years helped fund a different lifestyle.

      1 reply 0 retweets 0 likes
      Arthur Chu‏Verified account @arthur_affect Jan 28
      Replying to @ntoddpax @thelindsayellis @TheLegalV

      *shrug* That "classic life plan" (buy a house to start a family, sell after the kids move out and live on the proceeds in a nice apartment or retirement home) is now failing en masse for affluent boomers

      10:20 AM - 28 Jan 2021
      • 1 Like
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      2 replies 0 retweets 1 like
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        2. Arthur Chu‏Verified account @arthur_affect Jan 28
          Replying to @arthur_affect @ntoddpax @TheLegalV

          The reality is that the stock market has shown consistent growth above inflation over the long term while it's existed and the housing market actually hasn't, it's flat Housing as a whole doesn't get more profitable/valuable over time at all

          1 reply 0 retweets 2 likes
        3. Arthur Chu‏Verified account @arthur_affect Jan 28
          Replying to @arthur_affect @ntoddpax @TheLegalV

          Picking a neighborhood/house that will show significant appreciation until the time you're ready to move out is certainly possible but it's gambling just like picking stocks And your own personal life strongly affects that gamble (being forced to move too early)

          1 reply 0 retweets 1 like
        4. Show replies
        1. ZZTodd, Professor Doktor of Antifa Studies  ☣‏ @ntoddpax Jan 28
          Replying to @arthur_affect @thelindsayellis @TheLegalV

          I am neither a boomer, nor an empty-nester. Just observing that sweeping generalizations might be something to avoid without data one way or another, and sharing my personal anecdata.

          0 replies 0 retweets 0 likes
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