The article says:"It revealed that the renters that maintained a leveraged investment in the ASX200 were better off than those who owed a property in the same area."
This shows that the renters in the Ernst & Young (EY) comparison were not buying penny stocks, they were not even picking their own stocks - they were buying units in the asx 200 (which means they had a huge amount of diversification going on.)
Forged, a lot has changed in the stock-market in the last five years. More and more investors are avoiding picking their own stocks and rather are buying units in the index.
