I’m scared of the concept of mortgage. What if I’m laid off one day (due to unplanned reason) or I simply hate my job and wanna take 6 months off? Can I just invest in stocks ?

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You should be more scared of the concept of marriage.

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OP you should have other investments outside of just stocks for a back up plan. Real estate is a great one, but make sure you have a good tenant and steady cash flow from the rental to ensure you have another "safety" net you can rely on if you need $$ on hand in the event of a catastrophic event. Also make sure you're not buying a house out of your price range... live below your means don't overspend on a house, last thing you want to do is get a mortgage and buy stuff for your house and realize you're spending way to much on the house and stuff-- won't equate to a good lifestyle cause you'll be worried about all the debt you are accruing. Remember other things have to go into operating your home outside of your mortgage payment (e.g. Heat, water, oil or gas, cable, wifi etc.) not trying to scare you by the way just trying to lay out all the other expenses you have to account for. Good luck, you will figure it out! Have some faith in yourself. If all else fails, create an excel spreadsheet/model to help you live within your means.

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Regarding the mortgage - you should have/ be able to save towards an emergency fund even after your down payment. This should ideally cover twelve months of expenses, but a starting point is at least six. Taking off for six months because you “want to,” is something totally different. The older you get, the less this is recommended unless your debt is paid off. You can always do something better with your money, financially speaking, than spend it.

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Yes you can

Only be scared of owning if you can't afford asset volatility, because you still would need to pay rent somewhere. Unless you know somewhere you can live for free, in which case let me know.

Think about it worst case. Worst case you default and lose the house. Then what? You're where you are now just without the money. Doesn't really matter

Despite people on the news talking about the housing stock, please be advise you cannot actually live in your portfolio.

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