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Old 11.11.2020, 09:40
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Re: Should I buy a home or invest? I just reached 200k in savings and they are sittin

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Can you guys please reply to post #100, major life decisions are hanging
Look back over the last 75 years. There have been slumps in property values, but only temporary ones and the value of property has risen substantially. As long as the population increases, they will need somewhere to live.

Don’t think of it as an investment, but a roof over your head. With 10 year mortgages at under 1% I would invest as little of you own cash in your property and get as large a cheap mortgage as possible.

In 10 years you can decide, depending on mortgage rates then, whether to continue with one or use your investments to pay off the mortgage...
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