Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Buy Second House or Buy Car, Which one would you go for?

Buy Second House or Buy Car
 
Buy Second House [ 74 ] ** [44.05%]
Buy New Car [ 94 ] ** [55.95%]
Total Votes: 168
Guests cannot vote 
views
     
TSPanda12
post Apr 4 2022, 12:18 PM, updated 4y ago

Regular
******
Senior Member
1,107 posts

Joined: May 2008



Hey guys, I'm in my 30's now and I'm still single. I own a condo but still drives my dad's old Proton Waja to this day.

I'm wondering, at this point, do I purchase another house/condo (for investment purposes) or do I get myself a brand new car?

My heart tells me that I should get myself a new car (Mazda or Camry) but my gut is telling me to get a second property for investment.

So, I've listed down the pros and cons of each choices:

Buy new car
Pros:
1. It's probably time to replace my old waja. It's 20 years old.
2. Better chance to get girlfriend
Cons:
1. It's a liability. It's just a car at the end of the day.
2. Potential opportunity cost (e.g cannot invest in other things for a while)

Buy second property
Pros:
1. Potential long-term investment (not guaranteed and have to wait 10-30 years)
2. You have two houses
Cons:
1. Life is not all about buying houses like collecting pokemon cards. You need to enjoy life when young too.

What would you guys do?

 

Change to:
| Lo-Fi Version
0.0425sec    0.56    8 queries    GZIP Disabled
Time is now: 15th December 2025 - 06:21 AM