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Reply to "Which would have been better for you at age 27? $200k Small house, investment account, or cash?"
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[quote=Anonymous]We paid off our house around that age, and have no regrets now in our early 30s. However, if it were being gifted, I'd prefer the 200k invested; that will generate 8k a year and growing at 4%, which is already a good portion of the way toward retirement. Given how mobile youth are for jobs, I wouldn't buy a house for my kids, which can't be moved.[/quote]
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