Quote:
Originally Posted by 4444
no, but i can live in a much nicer house for less money by renting, all whilst my diversified assets grow with less risk.
i can also live in said rented property paid for by the income from my said diversified portfolio when i choose to retire.
in the end of the day, you guys are all blind to the fact that 1 moment can turn ur life upside down, a major terrorist attack in china, the implosion of a credit market, and boom, negative equity.
i can never be in negative equity. that is worth something to me.
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but at the end of the day, guess what? you are only renting and have no house attached to your name while Z3guy does. you keep paying and paying and paying and paying but you still have nothing. why keep paying and not own?