I have a fairly healthy net worth at 25 but it's so confusing as what to do with it. It's all in stocks and shares atm and I get a very healthy income from dividends. My dilemma at the moment is:
1. I blow all the money from dividends which is way more than enough to live on, I really need to work on being more economical and saving.
2. I'd quite like to buy a flat atm, the one I'm looking at is around £200k for 3 bedrooms/3 bathrooms top floor in a nice area, but I'm so scared of taking my money out of cash-generating stocks. So tempting to buy it outright, but then there's the option of mortgaging with a smaller downpayment, I'm a total chicken though. :P That and I have 3 years left of university so I could end up getting a job in a different city..and house prices are so unpredictable. Fraught with potential problems so I end up doing nothing.