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If you're big up in the stock market and can afford to do so, take some money out of that and buy an house you can live in. If the market implodes well you sti
by Tiktaalik 6y ago
If you're big up in the stock market and can afford to do so, take some money out of that and buy an house you can live in.
If the market implodes well you still have a house and (hopefully) a job to pay the mortgage.
Problem with this strategy is that while there's been incredible asset inflation in equities, there's also been incredible asset inflation in real estate too (especially in Canada).