Which would have been better for you at age 27? $200k Small house, investment account, or cash?

[Anonymous]

Well the house I bought for just under $400k when I was 27 was sold 3 years later for a bit over $600k. So I'd say the house.

[Anonymous]

I think the only concern with a house would be if your kids got divorced. Your SIL/DIL would walk away with half.

[Anonymous]

Anonymous wrote:$200k down payment on a larger more practical house. Or setting up grandchildren's college funds.

This would be my preference. Not necessarily a larger house but a downpayment. My parents gave us $75K. At this point now that I have a child I'd rather it go into a college fund but my parents resent me not working so they will not do anything for my kids although they brag how much they do. (including birthday and holiday gifts).

[Anonymous]

House for sure. it's the kind of thing that will be remembered.

[Anonymous]

Anonymous wrote:
$200k down payment on a larger more practical house. Or setting up grandchildren's college funds.


This would be my preference. Not necessarily a larger house but a downpayment. My parents gave us $75K. At this point now that I have a child I'd rather it go into a college fund but my parents resent me not working so they will not do anything for my kids although they brag how much they do. (including birthday and holiday gifts).

I guess resentfulness runs in the family.

[Anonymous]

200k small house/condo. Not having to pay rent would have been awesome.