I would much rather prefer the latter actually because the risk is lower. People... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

jandrewrogers on Jan 11, 2024 | parent | context | favorite | on: 93% of U.S. households' stock market wealth is hel...

I would much rather prefer the latter actually because the risk is lower. People tend to seriously discount the risk of non-liquidity in these situations, which is the scenario the former sets up. I know multiple people that discovered this the hard way. Houses without mortgages aren't anywhere close to free to live in and they can have very little liquidity in a big downturn.

RhysU on Jan 12, 2024 [–]

Also, it's easy to sell X% of a stock portfolio for 0 <= X =< 100 but difficult to do the same for a house.

(This is possible with stocks for some X outside those bounds too!)

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact