re: Buying a first home

quote:

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ake the same hit as you would when liquidating an IRA/401k investment account, then based on market you're in as little as 14 days. But of course generally it's easier to liquidate an investment account for the SHTF scenario.

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If you have all your money locked up in a 401k or Roth then you're the type of person who also buys a home as an investment. Remember we're thirty, no kids.

Secondly, I don't think you understand the conversation. My points have nothing to do with what's his name specifically. I've made general points specifically to people under 30 w/o kids that generally buying a house doesn't make much sense. If you want to be a speculator/flipper or invest in real estate that's one thing, but a home is not an investment. You're far better served in investing in the market or investing in a business or opportunity when you're young.

And you're a real estate agent, you have a bias. It's your job to sell the investment idea to people.