RE: At what price is it worth it?
Buying a home is a pretty decent investment, that is where you first learn. (most people), what a mid-long term investment is. The younger a person is when they are able to start the home purchasing the better. At 25 A friend and I purchased a home together, it was cheaper than rent. After a few years we sold, and went our ways. At 33 my second purchase, 4 years after the first sold. I started with starter homes, homes that turned over fairly quickly due to location, neighborhood, conveniences, I did not like apartment life much at all so even being single I bought into family neighborhoods. Prices may or may not go up, but if you look at it from a mid to long range 5-20 year range then you likely will not lose money. I may have just gotten lucky on my buying as I never lost money on a house buy/sell, granted we are not talking major profits, mostly talking not losing money.
As for steem, I see that as a mid to long term investment also. I will continue to let it ride, at some price point, and I have no idea what that point would be I will take some earnings. I see the growth potential as the most valuable aspect of steem.
My first house I bought was in Australia when I was 18, at university and working at McDonald's. I had it still when coming to Finland as I was only going to be here less than a year, but my mother had cancer and it got sold to relocate her before she passed away. If I had been able to sell a year later and keep the profits, I would have been able to buy a small apartment her outright back in 2004. That would have made a massie difference on the rest of my life here for the last 15 years. Shit happens.
letting it ride seems like the best bet mid to long term.
!ENGAGE 20
@bashadow you have received
20 ENGAGEfrom @tarazkp!View and trade the tokens on Steem Engine.