The older I get, the more I am realizing that in cases where I doubt popular wisdom, I often do so not because I think popular wisdom is wrong, but rather because I feel like the advice given is too complex or troubling for me to follow and so I think, must not be so.
For example, everyone always says that buying a home is a good investment and that the way to make your money go further is to put it in real estate. For over 15 years of renting, I denied this common wisdom, not because I had any informed opinion about it but because buying a house seemed beyond me.
It was! It’s expensive and time consuming and complicated!
But also, I closed on my old house today and turns out, it’s like they say: buying and selling property is indeed how all these people are making money.