Jun 24 2025, 10:23 AM
QUOTE(Edward_Ng @ Jun 24 2025, 10:09 AM)
my regret-
listen to parent and bought the first property outskirt during my 20+ . lose out opportunity cost in DCA into S&P 500 or other similar investment.
the property i ended up did not use for own stay and rent it out. the return is kind of mediocore. can cover interest portion of the loan at most not fully loan.
fast forward today. plan to sell the property but have to realise 150k loss if want sell fast coz property price bought at the peak.
Would you be as disciplined on dca as to a strict mortgage loan repayment regime? I think your parents know you betterlisten to parent and bought the first property outskirt during my 20+ . lose out opportunity cost in DCA into S&P 500 or other similar investment.
the property i ended up did not use for own stay and rent it out. the return is kind of mediocore. can cover interest portion of the loan at most not fully loan.
fast forward today. plan to sell the property but have to realise 150k loss if want sell fast coz property price bought at the peak.
I may be wrong
This post has been edited by jojolicia: Jun 24 2025, 10:26 AM
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