|
Do you get to live in the S&P 500? A home is not simply an investment.
If you purchased the home as an investment and RENTED it, you would also add an income stream to the investment.
At $200K, you might have rented it for $1200 per month. Assuming the rent went up with your assessed value, 75% over 15 years, the average collected rent would be $1650/month.
Also, you didn't "invest" $200K. You probably invested a maximum of $40K (20% down). If the S&P went up by a factor of 25 in the time period, then the value would be $1M. Compare that to the $150K gain on the value of the House.
Maybe that wouldn't make you feel any better...
__________________
James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
|