快樂牛郎

就係因為我識﹐先知買股票只係數字﹐唔係實物。有咩冬瓜豆腐股票可以變廢紙﹐有實物點都係實在D。有多餘錢去投資係extra﹐唔應該將生活基本所需犧牲去投資賺錢。

我又好同意
股票真係等同廢紙
but land/property is not without risk either.
只可以講nothing is without risk

快樂牛郎

回復  快樂牛郎

Because there are always "意外" in life. 一場金融風暴，執咗幾多公司？The whole company folded wor... even though you are good employee...can't avoid la...
Job hunting...luck is a factor too..

Note, if you really want to invest in yourself, you shouldn't think of yourself as an employee of a particular company.  Learn skills that can apply on many jobs in many companies.  For example, if you just know how to drive, then you are forced to be a driver only.  But if you know how to drive AND fix cars, then you have one more choice of being an auto mechanics.

快樂牛郎

我當然明你要invest in yourself﹐但係同買唔買樓無衝突。但係有D嘢你計唔到﹐你無左隻手﹐或者病一年做唔到嘢咁點? 講近D﹐你做果行有朝一日被徒汰﹐你又可以點? 人係會老﹐人係會病﹐人最多只可以為將來籌謀。若然你今日賺10萬洗10萬﹐你將來一定好痛苦......

Even if you don't buy a property, it doesn't mean you would have to spend all your earnings.  There are many alternative options.  You can buy 30 years treasury, for example.

快樂牛郎

我唔係講炒樓﹐但係一般買樓點會唔賺呢? 你唔賣都一定賺住啦。人點都要住﹐住點都要錢﹐你唔買要租

No opportunity cost? No depreciation (especially if you own a condo)?

快樂牛郎

你同我媽講啲嘢真係一模一樣。。。  
不過好多後生仔就係唔鍾意聽

I wouldn't say that we "don't like to" listen, it's just that this DOESN'T work

快樂牛郎

Let me be more specific.  In order for house prices to continue to appreciate quickly, some or all of the following conditions need to be true:

1) the global economy has to continue expanding at the pace that we've seen in the last 10 years, particularly in China and the US.  The way I see it, US has no more room to grow with mountains of debt and the decreasing quality of education.  China, even though there is still quite some room to grow, have huge bottlenecks ahead.

2) Cheap credit.  Yes, credit is still cheap right now, but as soon as the economy shows signs of recovery, interest rates need to go up.

3) population growth.  Population has surged in the past 40 years, particularly with the baby boomers fueling the economy.  However, with so many baby boomers near retirement, eventually they will die or sell their houses.  On the other hand, several countries are experiencing record low birth rate.  Eventually demand will flatten and supply will go up.

To me, housing supply will not be nearly as scarce as people think. However, any types of real resources that we cannot live without, copper, oil, water, etc, are way more valuable than land.

快樂牛郎

我就覺得買樓始終係一種穩陣嘅投資。用嚟炒就唔一定用佢啦。但係自住都ok啦。

自住就絕對ok
不過我4年住3個地方
買屋絕對唔適合我

快樂牛郎

學海無崖的故事(硬tag)都講過﹐有時真係防不勝防﹐讀極都追唔上。

that's why you need some skills that are widely applicable

快樂牛郎

呢個籍口我buy﹐如果你真係每年都走﹐你可以為方便唔買樓。但係呢個係個別例子囉。

所以之前D人話流動資產
我所有資產都係流動

快樂牛郎

你租都要錢架啦

你買夠一樣要俾利息+opportunity cost
你之前都講左租金係唔夠cover所有開支
咁證明租根本有著數
有著數點解唔租

不過而家利息低
如果真係自住
lock in 30年 4%真係抵玩