Australian (ASX) Stock Market Forum

For the under 30s - how I got my house

Kipp said:
Yeah... one more- when the market turns sour, it's much easier to liquidate your shares (in 5 mins) than selling a house which can take upwards of 6 weeks, by which time the bear has already settled in...


Kipp - Im in Gen Y as well born 1984.

And i have to agree with you, thats why i prefer shares over property,
1)Liquidity
2)Divisibility

(and plus i dont have enough money for a property but no1 needs to know that!! LOL)
 
Kipp

I totally agree on the Scotland thing. I love Scotland and was always tempted to move but worked out I would still have more savings at the end of the week if I worked in London and flew to Scotland every weekend!

Enjoy it while you're there though and be sure to go to my favourite restaurants The Three Chimneys on the Isle of Skye and Kilmichael on the Isle of Arran.

Still want to live there for 6 months sometime though and looking for a summer renovation project all the time....

Riesling
 
nizar said:
Kipp - Im in Gen Y as well born 1984.

And i have to agree with you, thats why i prefer shares over property,
1)Liquidity
2)Divisibility

(and plus i dont have enough money for a property but no1 needs to know that!! LOL)

Kipp, nizar,

Greetings from another Gen-Yer, guess we all think quite alike don't we? :D
 
Riesling said:
Kipp

I totally agree on the Scotland thing. I love Scotland and was always tempted to move but worked out I would still have more savings at the end of the week if I worked in London and flew to Scotland every weekend!

Enjoy it while you're there though and be sure to go to my favourite restaurants The Three Chimneys on the Isle of Skye and Kilmichael on the Isle of Arran.

Still want to live there for 6 months sometime though and looking for a summer renovation project all the time....

Riesling
Hmm... a bit of a drive from my place in Edinburgh but I'm hoping to get to Arran when things warm up a bit... (Summer don't arive in Scotland till End of June!!!)
 
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