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Is property still the best investment?
Comments
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Only in your 20s? Is that 20 or 29?
At 20, you should be looking to start now. At 25, you are already seeing the impact of starting late and need to pay more than you would have done at 20. At 29, you are quite a late starter and would be needing to pay around 2-3 times more than you would have had you started just 5-8 years earlier.
Strongly agree. If you consider the tax relief and the compounded interest, starting one in your 20's will save you £1,000s later on.0 -
Why? 4% was chosen because there has never been any point since 1920 where drawing 4% resulted in someone running out of money
Trouble is 4% wouldn't have kept up with inflation. For example in 1975 inflation was 24.2%. Selective picking of statistics needs a far deeper understanding than the headlines.0 -
Depends if you need to be liquid?0
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