When Renting Makes More Sense Than Buying // 10 Reasons

[@youdeservethis]

I got divorced a few years ago and am 54. Instead of buying a house, I am renting and putting my money in investments. I plan on moving to Thailand in a few years and don't want to be tied down to a house.

[@raminMTL]

Always use protection when in Thailand.

[@youdeservethis]

@@raminMTL thanks for the advice :D. I will be moving there when my partner retires. But using protection in all areas is good advice!

[@johnj.doublej8721]

😈🤔😁

[@harrysahota4072]

Lol

[@nickphang2293]

I feel u! Same here! Owning is the best way to generate wealth! Investing is the key !

[@wgarnsey]

I will never own my residence again. I wish I had done this years ago. We sold our 4 br/4 ba home in Silicon Valley and moved into a 1 br/1 ba furnished apartment. I've never been happier. Our house was a pre-WWII Craftsman style home in a quiet tree lined neighborhood. The neighbors thought we were crazy. What was crazy was the total cost of ownership. Forget the mortgage, the utilities (especially water in CA), constant repairs, time spent cleaning, yard service and especially filling the space with stuff we don't use. I think I have easily freed up 3 hours a day plus all day Saturday. My time is now spent with my wife, taking day trips, building a side business and going for long walks. Also, now that I have turned 60. I don't want to sink money and time into a home that I cannot commit ten years to. We are in San Francisco now, but want to spend time in Europe and SE Asia. We could never do that when we owned our home. Yes our property did appreciate, but that extra money would have appreciated more if we had just put it into a stock index fund.

[@UneducatedGeologist]

I agree 100%. I spent my whole life as a financial advisor and mortgage broker. Then one day at 50 it clicked. Owning not only costs more money but massively more time. Sadly I sold in 2019 before the big run up, but since I rent a small bungalow and save $2k a month, and like you have at least 5-10hrs more free time a week.

[@RetirementbyDesign26]

Same here! We downsized from a 3 br to a 1 br apartment and couldn’t be happier. No regrets. I’m now telling my daughter not to fret if she can’t own a home but invest to build wealth until she can. But we love the simplicity, flexibility and efficiency of our lives. It has definitely frees up our time 😊

[@mihoda]

Cheers, from the East Bay! The numbers are just as crazy here. Buying in 2022 is 2.5x to 3x all in versus renting.

[@wgarnsey]

@@mihoda the new owners mortgage is $9800/mo. without tax or insurance. Our home was literally "on the wrong side of the tracks." Insane. A simple lunch at a modest restaurant in town is $30/pp , not including the drink. We can't do it any longer.

[@mihoda]

​@@wgarnsey Oh, I hear you. A mortgage for my neighbor's 2.1m house would be about $14,500/mo (including property taxes) then deducting the interest against income tax brings it back to an effective ~$11,000/mo. Meanwhile, my rent is ~4600/mo. The floorplan is nearly identical. The people buying houses in the bay area after 2022 interest rate increases are lunatics.

[@jeffro249]

Everyone always talks about how renting is so amazing because everything is the owner's responsibility. In my experience that has been a HUGE problem! The A/C went out in my apartment in 100+ degree summertime and it took a week to fix! I then rented a home after that and I was told the owner wanted to move back in just 10 months later and to vacate the day the lease ended. Very inconvenient time of life for me too. Then finally the last place I rented, the owner called me and told me he was selling the place and I needed to move again. But instead of moving I bought it from him! I've never been happier owning and I don't even plan on renting again. Yeah if the A/C breaks it's my responsibility but I have 24/7 repair coverage so it's my decision on when it's fixed. Now I'm happy, conformable, and living life my way instead of being at the mercy of landlords. Not everything in life is financial.

[@ihaveadreamformykids4400]

True! I always had a problem with landlords or property managers. It’s like dealing with another lousy boss at home.

[@btmcgovern]

You are right. I had a nightmare landlord that I ended up having to take to court due to the fact that she refused to repair the furnace when it broke. This video is trash.

[@diyinvesting4U]

Fair enough. If you have piece of mind by owning that is cool. As long as you understand the missed opportunity about investing all that money in real businesses.

[@carlosgarcia8770]

I'm 63 and been renting for the past 9 years, at the same place. I am very fortunate to have a landlord that has great morals, and principles , and will respond quickly if there's a problem. No first and last, no deposits. Never been late on a payment. Love it.

[@dappster]

Ive owned and cashed out on 3 homes. I now rent. If you are a type A personality you may find renting liberating. I have so much more mental space now that I am not responsible for my dwelling.

[@Dallas3212]

Why 3 homes?

[@dappster]

@@Dallas3212 growing family

[@000datazero]

Ditto

[@TartarianTopG]

@@Dallas3212he’s probably older now and has had 3 over the course of time

[@robyn3747]

Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult

[@uacdcalvin]

Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I've been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.

[@alasdekarton]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@katiekilbo]

Any specific guide. I'm from Georgia how do I go about this? I think I'm interested how can I get in touch with Mr Brian Nelson

[@datguy82]

he's mostly on Telegrams, using the user-name

[@datguy82]

@Brian964

[@mpjsac8951]

Bought a condo in 2023 in CA after years of renting. The difference from our total out of pocket for the condo versus renting a similar unit is $400, but our condo has a lot more space and features plus it’s in a great neighborhood. Not sure how we lucked out in this terrible market but it feels like the best decision for our growing family. I would have wanted a single family but the condo is what we can afford now and we are content here.

[@CAZUAL1970]

Tae, this is one of the clearest and most indepth videos I have ever seen on this subject! THANKS!!

[@mihoda]

I did a full tax statement for owning v renting on a direct comp (same model home, same block). Ownership costs 2.5-3x more than renting for me. For reference: East Bay in the Bay Area. Berkeley/Albany.

[@SOURCEw00t]

I rent in NJ 20 mins outside Manhattan. My rent has been $985 for 13 years. It's a 2 bedroom apartment. This year it finally went up, but I fall under rent control so it only went up 3%. It's now $1014 if I stay here 5 more years and they max my increase each year of 5%. It won't even break $1300. I'm raising 2 kids with the wife and we have been banking and investing like crazy.

[@Dallas3212]

Each yr it will increase at 5%?

[@MrRobot-jb5tI]

Renting is better in terms of not having to deal with a mortgage, taxes, or maintenance, and you have more flexibility to move around, especially if you’re not sure about your future or if something happens with your job. You won’t feel the stress of being a homeowner.

[@michaelschiemer3]

Mortgage rates are currently at an all time high since 2000(23 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market

[@derrickholfman2]

The stock market is no different, to maintain profit you need to have some in-depth knowledge on the market. I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

[@Aarrenrhonda3]

In my opinion, it was much easier investing back in the 80s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

[@Pconradsmith]

My partner’s been considering going the same route, could you share more info please on the advisor that guides you

[@Aarrenrhonda3]

Her name is “Annette Christine Conte” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@Pconradsmith]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@g.burney4714]

Always enjoy this young man's content for my wife and I it's a different school of thought. Our home is paid for we have zero debt. I guess renting is ok for others but if you are paying close to 3 grand a month for rent your basically helping the LLC owners pay off their mortgage for their loan. Kinda old school but having no debt gives you peace of mind

[@diyinvesting4U]

True, but peace of mind comes at the expense of opportunity cost.

[@tubulardude44]

That’s more true if it’s a 15 year loan. The key is living below your means in order to have a happy retirement

[@JDM950]

Another consideration at least where I'm living is I can rent a place much closer to my work than if I purchased (within my price range) the closest place I can get is 30min drive each way so I cycle in everyday and that's about $400-500 saved each month right there also in favor of renting for my situation.

[@davidkay1386]

The reason I rent is because I am disabled. I can’t fix broken water heaters or roof problems. I don’t cut grass or shovel the driveway.

[@anacap007]

The #1 reason I simply can't understand why people push home ownership is the idea that "You are throwing money away by renting." Last time I checked paying rent puts a roof over your head. Or perhaps they'd rather hold onto their rent money and live on the streets.

[@crgi]

Also people dont understand that the first 5 years you're putting all your money towards interest which is "throwing away money".

[@TheJttv]

The idea of home ownership when you buy a house you only put say 20% down but you earn interest on the total value of the home assuming that the area is going up bringing the value of the home up. You dont get this by renting. (I rent and am happy doing so)

[@Mactakun]

Property tax is not a deterrent. Landlords literally pass that cost onto you.

[@emilsonpereiraleite1614]

I think it is just psychologically unpleasant when, as an adult, you can't tell people that you own something like a car or a house.

[@diyinvesting4U]

until you tell them your portfolio in shares is bigger than the value of their house and car combined.

[@richhands5269]

My three favorite channels: Tae Kim, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

[@tubulardude44]

It also depends on location. Iowa homes don’t go up in value very fast compared to SAN DIEGO homes. I bought my house in San Diego six years ago for 500,000. The loan is at 3% and the place is worth 800,000. I put $100,000 into it so I now have 200,000 after expenses in equity in just 6 years. I’ve also enjoyed fixing it up.

[@ParkDari]

We rented a 1 room studio while we built up our down payment and decided where to buy our home. Which was a foreclosed 1 bedroom condo. Renting gave us lots of time and flexibility to find a true bargain.

[@ZorakWars]

In my city you can rent a 3-bedroom home for about $3400/mo. The price of buying that home is 20% down on 1.2million ($240k + closing costs) and a 7% interest rate mortage that is $960k which is $7,798/mo with taxes and fees (no maintenance) included at a 6.7% interest rate. The math depends entirely on your local market. Imagine all that extra $240k + $4,398/mo going to a broadly diversified index fund instead of an "'asset" that appreciates at 1% real per year historically (with 1% real maintenance per year). This is why the millionaire renters are becoming more and more common in HCOL areas.

[@WestsideCollectorCarStowage]

You are 100% correct. I wish people understood this. When you "show your work," as you did, the answer is obvious. Most people stop at "Owning is better than renting." In HCOL areas, this is often false.

[@UneducatedGeologist]

I discovered same thing, sadly sold in 2019 before run up. But hey I've been saving $2k a month and my investments are up 50%.

[@diyinvesting4U]

You know the game. House ownership is something you do when your portfolio on the share market can buy 5 houses.

[@Kennan_Davis]

As a property owner, I agree 100% based on hard data not an opinion. Ownership has so many hidden costs. I had a repair two months ago that cost $2k, whereas if I rented I could just call the landlord at no cost to me. And there’s soooo many hidden costs far beyond the mortgage and interest. While I’m not by any means struggling financially, I’d have even more money by just renting below my means and piling all the extra into index funds. Property taxes have risen each year, home owners insurance too, never know when maintenance will be required as it is an unexpected cost. Fortunately I don’t own in a HOA neighborhood, that would be an additional cost that is also subject to rise every year. Renting is significantly less stress and headache. There are ZERO surprises, you simply pay your monthly rent and that’s it

[@albertogonzalez1746]

Been renting for 10 years bc I can’t afford a home and it sucks. Neighbors and their dogs stomp above me, amenities are always broken, garage is always being broken into. And this is at a “luxury” apartment

[@UneducatedGeologist]

Ugh

[@gary9080]

Vote with your feet and move.

[@freetobelee]

Fundrise returned less than 1% over 18 months for me.

[@Kennan_Davis]

Fundrise is a waste, just stick to low cost index funds. Just another not needed thing to give people the illusion of being a “real estate investor”. The fees and lack of adequate returns make that a waste of time and money vs just buying index funds and REITs (REITs if you want the RE investor thing minus owning the property yourself)

[@bobodapopper]

What I really want to know is what hair product you use? 😂 Always great content, thanks Tae 🙏

[@WorkshopGreg]

Most landlords now are either corporate or wealthy individuals who see you as their revenue stream and have negative interest in your quality of life while renting their property. From experience, it’s stressful to rent long term. It’s been the only time in my life I’ve needed an attorney. I’ll never rent again. Putting down roots is important, particularly if you have kids.

[@frostneedle]

The only thing that saddens me about not having my own house is that I can't redecorate, renovate, or just simply call it my own.

[@diyinvesting4U]

Don’t despair. Invest in the share market with the money you are saving from mortgage, redecoration, renovation and maintenance, you can then have more choices.

[@saritamoorebansa4485]

I working a$$ off to pay off my house. 9 I have a renter and a landlord ( multi unit bought in my 20s with parents) I would rather be a landlord:homeowner any day of the week. As a renter, you will go up every year as taxes and insurance. The tax and insurance will also go up for a homeowner, but you eventually own it ( if you are like me, working two jobs and working to get a third intil I pay off later this year. I believe in sacrificing until I reach a goal )

[@keralitopolitano]

This is very helpful! Love your video, Charlene! Thank you for the tip

[@zeekay9941]

My previous landlord increased my rent anywhere from 5-8% annually over the last 6 years where my compensation increased maybe 3-5% max. Renting is probably financially better than buying in my state, but overall you're screwed if you think you can find a place for yourself without roommates these days.

[@UneducatedGeologist]

Agreed. Same. Last 5yrs have been worst for renters in my 50yrs.

[@mjiii232]

What about buying land and building based on your own budget?

[@angelicavalladares5857]

Same question here

[@diyinvesting4U]

Depends if you find a bargain or not. And if you can avoid builders to scam you. Safest bet is to buy an index fund like SP500 and rent a great place while you see your portfolio grow.

[@anniesshenanigans3815]

After owning a home for over 10 years I am tired of all the added expenses that nobody talks about. if you are older, have a LOT of equity in your home. Look at a home that costs far less than what he is quoting here... average rural is about 300k. And your best guess is a good 20 years living there. That is about 15k a year that you 'spent' for it. Plus add on taxes, insurance, repairs, maintenance... easily 24k a year total. That equates to 2k a month. So spend 2k a month on rent instead and take your 300k cash and make some interest on it over the 20 years or do things you could never do when tied down to a 'place'. I want to travel, and there's no way I can do it unless I sell.

[@Daniel-qx6bg]

What I have found is that people that have a strong opinion, one way or the other, will never change how they think, no matter how great your arguments are. They are just looking for confirmation on their choice.

[@diyinvesting4U]

That is why is good math exist. No one can argue with the math.

[@reshade326]

Seems to me that all of the cost savings you mention are baked into the rental fee by the landlord such as mortgage payment, property taxes, maintenance costs and insurance with insurance cost for a rental property typically higher than insurance for an owner occupied property. So the only reason that rental may be cheaper could be that the landlord purchased the property years before when you you rent it and at a time when the property value was much lower, hence a lower mortgage cost.

[@tomaszp2027]

But that's exactly the point. It's one number you have to worry about and you don't have to care why it's profitable to the owner.

[@diyinvesting4U]

This are the full math behind it: Buy or Rent ? The Math Will Surprise You! kzbin.info/www/bejne/fZXYlKhqgLdgrqs

[@MiniMotoAlliance]

Now do a video on the outrageous rent hikes and the lack of security for renters.

[@QuestenEnjoysLife]

Where are you finding a landlord not factoring in all of the costs of owning the property, then charging more for their own profit?

[@NumberNinjaDave]

This assumes that apartment landlords make it easy. Anyone who has rented know that there are headaches associated with getting your landlord to fix things

[@meetarlesa]

True. Many people can afford to buy a house but cannot afford to furnish and upkeep it. That results to a spiral of debt when one contingency happens. What happens next is not destiny but man made problems resulting to homelessness. Doing the math first can save us from misery and avoiding high maintenance partners in life.

[@Lethfarrdo]

The 8% mortgage is only valid on this very brief bleep of time. Also, with the state of rents and increased cost of living AND lack of supply and no foreseeable massive increase in houses in most parts of the country I think many of the benefits you listed don't shine much.

[@tomaszp2027]

hint: people die from time to time, and baby boomers sit on a very high stockpile of houses right now. have a look the demographic pyramid

[@kaichen7907]

LMAO. Interesting topic. I dont think renting will ever exceed in benefit when compared to home ownership. There is no stability in renting especially in Orange county as you indicated. Maybe other places in the nation renting makes sense, but no way is renting in OC ever going to win out in the long run when your rent easily is more than a monthly mortgage including property tax, mello roos, insurance...etc. But is sure is nice to be able to just pick up the phone to have someone else fix your home issues though. I def miss the rental life in that respect.

[@diyinvesting4U]

Rent more than the mortgage + expenses ? Orange county must be a parallel universe. For the same house, rent should always be lower than mortgage, the market adjusts itself to avoid those singularities.

[@78town]

Studies show that renters actually earn more money in the long term. Largely because the majority of pay raises happen when you switch jobs which renters do a lot more frequently.

[@josep.7041]

As a tenant, you are paying the real estate taxes and insurance on part or all of the property you are leasing. The landlord isn't going to absorb that cost. They are in it to make money.

[@diyinvesting4U]

Yes, you pay rent and the landlord pays mortgage and all the costs. Rent is still lower.

[@teenoso4069]

lots of disadvantages and this should be balanced out

[@dkennell998]

Tech Lead's chad brother

[@PennieHillin-cc4nx]

Love your videos❤️Property tax and insurance is put into the cost of the rent…. No owner of rental properties is going to absorb this cost. That would be a bad business person🤷🏻‍♀️

[@TheBatangGwapo]

When a renter dies, they only have life insurance for their family. When a home/condo owner dies, the property will be paid off by the insurance company + life insurance money.

[@diyinvesting4U]

When a person dies, the house goes to the bank if your family can’t pay the mortgage my friend.

[@TheBatangGwapo]

@@diyinvesting4U mortgage insured property

[@diyinvesting4U]

@@TheBatangGwapo Yes, MPI is basically a form of life insurance though , it pays the lender and your heir can keep the house. If we want to compare apples to apples then the renter can also have life insurance for this comparison.

[@nicstevens6499]

Come on Tae... don't start hocking brand new ETF's that trade on the OTC (over the counter marketplace) with only a market cap of less than $250 million dollars and started trading less than a year ago!? How much are they paying you to say this...??? How much of your portfolio are you putting into this? There is a reason its on the OTC trading platform too.. People the only REIT's you need are low cost / broad based REITS like VNQ from vanguard and other similar options. Tae disappointing...

[@moise7648]

My previous landlord increased rent every year. Renting is for people who can't afford to buy a house

[@Johanneslol11]

I rent in the Netherlands, the rent can go up max 3% per year. I have a good isolated house, I have a new kitchen, toilet, shower and New heating. Finally if I lose my job, the government will pay my rent. If something is broken I can just call and they fix it in 30 min. So in short, I it depends.

[@SharkOrDie]

I live 10 minutes away from the beach in Los Angeles, my rent is $1.2K per month, a very nice 1 bed room. I don’t have any kids and I make over $100K and can afford a house but why do something so ignorant! Like someone said, buying a house to live in, is like buying a Hospital when you get sick! But good luck!

[@republicunited2183]

I rent and it’s pretty cheap. I invest the rest and am saving cash. I’ll have 1/2 of the homes worth when I’m ready to buy. Home will then be paid for in 5-7 years.

[@joelplatt2651]

That’s what The Man has told you

[@ashog1426]

@@SharkOrDiedepends on your mentality in life. I dont want to owe others for the rest of my life on everything or anything.

[@ezrad5273]

In your scenarios to prove that renting is better than owning a house, you only presented the downside or negative outcome and not the other side of the coin. Of course you could be forced to sell your house due to life changes and the market value of your property could be down, but you didn’t consider that there’s higher chances of the value being up due to appreciation.

[@diyinvesting4U]

When house market goes up X% shares market go up X + 6%. Historic data don’t lie.

[@amandabrown9548]

This depend location location location.. like rent in NYC Miami LA. Rent minimum 1800-2000$ for a bedroom with that you pay much more than 1/2 of a mortgage in other states of course that why location is Always the challenge real estate is always a investment .robert kiyosaki doesnt agree author of rich dad poor dad. In the book he describe first home is not an investment. Only part i disagree with him too because how else do you start.At first yes it true but in long term it earns equity. Bottom line my point of view renting it like flushing money down a toilet.

[@diyinvesting4U]

And paying mortgage to the bank is what then. Flushing money down the bankers throat?

[@pecv4776]

you said the landlord is supposed to fix it..when a broken pipe is leaking or a roof well let me tell you i am renting and this cheappy landlord dont want to fix anyting paint chipping walls are really humid there is mold and he just paching nothing else..i am going to break the lease and move ..move and move tired of moving .....renting is not always a good thing

[@diyinvesting4U]

Yes, you can just break the lease on the grounds of the landlord not fulfilling his part of the contract. Having a few bad landlord out there doesn’t mean renting is bad.

[@itsbeyondme5560]

Pick another apartment

[@ussmisub2416]

Type in 304 and turn it upside down

[@10sqrftthisthat]

I can't be the only person wondering what a '2.5 bathroom' looks like?

[@AltaicPride01]

1/2 bath without the shower. It’s usually on the first floor of a two story home

[@10sqrftthisthat]

oh wow thanks!@@AltaicPride01

[@dalehamilton8762]

live in same apartment 23 years.

[@ElliottPiano]

28 Investing and will be ready to buy my home cash in 7-8 years in France . I will NEVER get indo debt , especially to spend dozens or even hundreds of THOUSANDS more on interest

[@jordangibsonrl]

lmao

[@ElliottPiano]

@@jordangibsonrl yeap no debt slave here

[@fvr12345]

You might reconsider your thoughts on this. At least do some research and work out the #s on paper. In 7-8 years the price of the property will increase which may negate any savings from not paying interest. Also, do you plan to keep this 7-8 years of cash in a normal savings account or in an index fund? You could also save enough for the down payment on your first home, a few years later save up another down for a rental property, and on and on. You need to consider the investment opportunities that you’re passing up by saving your cash. It might seem common sense, but until you really study it, you might be shooting your self in the foot. The worst thing is to spend those 7-8 years, only to realize at the end that you could have made a wiser investment.

[@ElliottPiano]

@@fvr12345 In index funds of course .! thank you for your answer but I'll never get into debt for anything .

[@MyExcellentOpinion]

8:05 dude you can't be putting your hair at risk like that

[@fishplantfish]

Hi Tae! Love your work! Some friendly feedback regarding your editing - that popping sound that comes along with text is annoying and distracting. I think the vid would be improved without it, or at least with a lot less of it. Cheers from Australia

[@ctndiaye1]

Depends

[@ihaveadreamformykids4400]

I’ve been living essentially for free by buying and living in my home for 4 years because of how much equity I have built.

[@zackdreamcast]

By now and rent it out if you opt to move out of the area. Always buy, never sell, grow your networth. Renting almost never makes sense unless the gap from paying vs renting is massive (I.e. rent is $400 and buying is $4000 and 80% of that is interest) . Buying and holding is how I have a 2.5m net worth and 50k in annual passive cash flow. Never would have happened in the 1O% compound growth stock market alone .

[@peterl2767]

😊😊😊😊

[@Bearlytherely]

says the guy who owns a home...

[@Helen-tg4tr]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

[@sherlockrobin597]

Americans get screwed by taxes and insurance into renting their whole lives. In the UK, property tax (called Council Tax in the UK) is paid by the occupier, not the owner. And my home insurance on a £200k ($250k) house is £14 per month, or £158 ($200) per year.

[@jimmybaker4821]

Renting is way more expensive tho.

[@johnyang1420]

1st……buying is usually a bad idea…but run the numbers

[@pamelalima5401]

The landlords pass all this ownership costs to the tenants anyway 👍

[@tomaszp2027]

They can pass their vet costs and starbucks if they want to. I'm comparing the full costs anyway.

[@pamelalima5401]

@@tomaszp2027 so buy wins… because you’ll not pay for their Starbucks and pet costs

[@tomaszp2027]

@@pamelalima5401Absolutely not. Lower number wins, it's that simple.