Hi all, In my late 20s sitting on approximately 260k which I've saved for a house deposit/LIC portfolio. The time has come to make a decision. Options are: - 50% deposit on a 500k property (we're in a regional area so house is more than suitable). Pay down mortgage ASAP then start an LIC portfolio. - 50% of funds (100k + fees) for a 20% house deposit and 50% into LIC portfolio. Factors to consider: - Living in a regional area so unlikely to see huge capital growth on property - Long term goal is to pay off house and build a passive income/retire - I earn 120k, wife was earning 80k but now on maternity leave with first child, unlikely to return full time for 2-3 years. - Slightly hesitant to jump into LICs prior to general election in May and possible changes to franking credits. My salary will more than cover the mortgage but there's a temptation to put down the maximum possible deposit to improve the 'sleep at night' factor, especially while we're on one income. I could hit the mortgage hard for 5 years and then start building LIC portfolio after that. However, I also understand the benefit of building a share portfolio early in life to allow for compounding. I'm keen to discuss the pros/cons of both strategies or even perspective from anyone who has been in a similar situation. Thanks in advance! Cheers.