Opees,,,
Many variables and personal circumstances to consider...
would this be your first home? Have you a first home owners bank account? by depositing 5k a year government puts in $900.. plus the interest rates 17% on the interest...
what tolerances are you happy to contend with? job security? Have you travelled and seen the world? are you single in a relationship or married and considering having children?
all these must be considered etc etc and If I was a single 20 something I'd be putting 5k into FHSA and living in shared house with people I trust... buying second hand car and learning to maintain my own car and buying a Whal hair clipper set and saving on out goings...
remembering that abit of sacrifice now will be well placed in the longterm... PS I'd be considering a trust account to protect from woman who bleed their other half for "Half" when time is right!!
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