mozzaok
Gold Member
Offline
OzPolitic
Posts: 6741
Melbourne
Gender:
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Way to not get it.
IF you were an 80 year old, and thought, blow it, I am not gonna live forever, I will sell my home, and spend the proceeds, renting some beautiful new apartment, and live like a king til I die, I would say, good move. If you were 22, just married, and having your first kid, and had inherited a house, and said the same, I would say you are a freakin moron, because the money will run out in ten years, and you will be far worse off, and with NO assets.
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