Someone who is great with numbers shared this same thing with me some years ago.
"Renting is more sensible than buying," They said. With inflation etc as it was.
And the same thing with a car, I hear?
I'm still trying to run numbers on Astra and the Stellerium exchange over a year. My brain just can't do numbers well. I'm seeing a 10% odd return which would mean a R30k investment for me to have actual passive income that's viable. But that would mean a $120k return which just can't be right.
I never did get the info needed to make a proper decision so just played a little.
But I don't think I'm going to mess around with this stuff much more. I just don't get it!
My dad said pay cash. The end.
At least I'm at the point where this is a non-negotiable thing :)
No more credit! And this should (theoretically) lead me to no more debt if I'm responsible.