RE: LeoThread 2025-03-27 17:31
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A $2M investment portfolio could offer a more enriching life compared to owning a $2M home. Do you agree or disagree?
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You are viewing a single comment's thread:
A $2M investment portfolio could offer a more enriching life compared to owning a $2M home. Do you agree or disagree?
I think this depends on a person's life circumstances. If they have a large family that requires a lot of space in a high cost of living area, then the home may be warranted (and simultaneously act as an investment / long-term asset).
However, since homes come with consistent expenses, I generally would prefer to have more invested in an investment portfolio. It's generally riskier but better for long-term growth.
If you look at real estate growth in the short term (i.e. the past decade), it actually served as a great investment. However, so did stocks!
Ideally, there should be a balance between both, rather than choosing between them.
A home is where most people spend most of their time...even if you travel a lot. Of course, I can't afford a $2M house. A home is where your children grow up. Can't get more enriching than that.