Personally I think sticking your money in housing is not a clever idea, not because you'll lose stacks of money but simply because the returns are "bull".
I've just done the sums and 8-10% return on capital is easy peasy in relatively safe short term (pay off in a year) bonds yield 5% and equities (usually emerging markets, but some underpriced US and European equities) that are currently pulling 20% (30% plus in emerging markets) as long as you subscribe to some decent bank/investor rag that is keeping an eye on the warning signs. I'm calculating here 80% in bonds and 20% in equities.
With 300 K you're looking at 30K a year, ....good if you get caught out, I reckon could go down to 20K, but with a heavy weighting in bonds I wouldn't expect to make losses, not in the current market.
I've just done the sums and 8-10% return on capital is easy peasy in relatively safe short term (pay off in a year) bonds yield 5% and equities (usually emerging markets, but some underpriced US and European equities) that are currently pulling 20% (30% plus in emerging markets) as long as you subscribe to some decent bank/investor rag that is keeping an eye on the warning signs. I'm calculating here 80% in bonds and 20% in equities.
With 300 K you're looking at 30K a year, ....good if you get caught out, I reckon could go down to 20K, but with a heavy weighting in bonds I wouldn't expect to make losses, not in the current market.
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