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The New Daily
The New Daily
Business
Craig Sankey

Start investing or buy your own home? How to reconcile two important but separate goals

Centrelink
Investment and buying property are both important and common goals, but they can be conflicting. Photo: TND

Question 1: I would like to buy a house in the near future (about three to five years) but would also like to start investing. Should I be focusing more on building towards a 20 per cent deposit to go towards my first home or start investing now?

I’d like to avoid paying extra in fees (such as lender’s mortgage insurance) but I also understand that time in the market is better for the long term. How should I be allocating my money for these two things?

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