Our family is looking around to purchase a new manshion. Although we technically may be able to cover 40%~50% of the manshion price as the down payment, that would also mean taking out 40%~50% of our investment amounts in stocks, NISA, etc, which are literally our only source of passive income other than monthly salaries.
Positively, that would mean less loan amounts and less monthly repayment burden. On the contrary, we think that would be quite a decrease in passive income in the long run due to significant reduce in our investment amounts.
We are the typical "invest and forget" type, so it just feels strange and painful to take out most of the years of investments, but we also believe there might be something sensible from a financial expert perspective, or perhaps not at all.
Appreciate your thought guys.
by MinnMaxx