renting : dead money ?, page-169

  1. 11,846 Posts.
    "compare buying a renter -v- buying a portfolio of blue chip stocks.

    Having been a full time share investor for about 14 years, it is my experience that the two investment vehicles are cheese and chalk. Shares perform better, have far lower costs, no stamp duty, no standing costs like insurance and rates,are liquid - so you can sell in a second instead of months - you can cash out as much as you need, when you need, and provide a good income return with the bonus of franking credits. What's not to like?"

    That pretty much sums it up Frasier although I would also add my highly valued "freedom" which is surrendered the instant you buy a property ball and chain.
 
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