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Comment by closeparen

I'm a big fan of the folk wisdom that the power of housing as an investment is essentially a self-discipline mind trick. Paying your mortgage feels more urgent than contributing to a brokerage account, withdrawing home equity feels dirtier than withdrawing stock portfolio value, and holding onto your house during a downturn is easier than holding onto your crashing stock portfolio.

Once you know those things, you can rig yourself similar safeguards around other asset classes (automatic payroll contributions, tax sheltered accounts with early withdrawal penalties, etc).

parent closeparen 6 years ago

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