I don't really see putting your money in an index fund as "gambling" more than buying investment properties Individual stock picking absolutely is gambling though
Right, but that sense of security isn't as solid as people think Even a fully paid off house costs money over time - property tax, upkeep - and most people who buy take on the additional liability of a mortgage And most people do not have a location-independent income
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If it were true that "Once you own a house, no one can ever force you to move against your will again, no matter what happens to your finances" then it would be a very attractive decision to buy a house It isn't, though, and people thinking it is has caused a lot of grief
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