Really Nice one. Case study - man has his house fully paid a few years back and advised to do exactly what you said - took out 400k equity from his home in super - mainly invested in US according to the whiz bang expert. That is now worth less than 100k. Advice like that is cheap and dangerous. Property is the only asset class that has weathered this storm better than the rest. On paper what you say sounds good but too many tragic stories out there to prove otherwise esp when money handed to wet behind the ears kids on the markets. No thanks!
Most boomers who are downsizing were burnt by the sharemarkets and now have relied on good old property to get them out of the mess.
