Would you swap all your assets to be 25 years younger ?

Please read the post before responding to the poll


The small minority of the 20-30 age group tends to vocalise about high house prices & how it was so much easier for the previous generations.

Some of the previous generations feel they have worked hard, made sacrifices, implemented wise investment strategies & consequently acquired a reasonable amount of assets including a nice PPOR. The primary reason these assets have their present value is because they have grown over a long period of time.

So the poll is for both the youngsters with few assets, and the older ones with lots of assets.

For the youngsters the question is ..... Would you swap your youth for enough assets to retire on?. So you get to be 50+ & enough assets to retire. comfortably ? You also get a set of well worn knees (no soccer), you keep losing your glasses & like to be in bed by 9PM .

...and the question for the oldies (and also those well on the way to retirement).... Would you swap everything you own just to be 25 years younger ? You regain your youth and of course you also get to keep your mindset .

And as it's clearly a hypothetical question, for those that don't fall into either category, imagine you were getting old & retired - would you want to start all over again ?

The answer for me is Yes I'd give it all away in a heartbeat to be 25 yrs younger & start all over again from nothing in todays environment. I believe that time is the most valuable thing we have.

 

I'd trade all my assets to extend my life by 25 years.

If I became 25 years younger I'd be 5...

 

Like Keith, I'd swap, no questions asked. There's lots I'd do differently, and there's lots I'd do the same. I'm absolutely positive I could do much better the second time around.

 

I wouldn't do it, a) because I have no assets, and b) I don't want to experience being born a 2nd time

 

I wouldn't be alive, so no :<

 

Minus 25 would make me 8 again. Where do I sign?

 

Hush child. Children should be seen, not heard.

In all honesty, I wouldn't trade my life for anything. I like my age.

 

If I went back 25 yrs I'd be a newborn,
However something you haven'y mentioned - do you get to keep or lose the knowledge obtained on the way? Because otherwise it wouldn't be too bad - a lot less mistakes to be made twice.

 

No way.
I'm 40 now and just about to live my dream life.
Going back 25 years would mean doing everything all over again.

 

Same here. Not sure how useful an 8 year old property investor would be.

But if I (and my wife) had the option of staying 33 for the next 25 years, that'd be alright!

 

I wouldn't want to have another crack at puberty.

 

Do I get to keep my asset base that I had 25 years ago?

I would have been holding Mt Druitt back then.

 

Oh yeah... if I could be 14 and start from scratch.... assuming I can build up to the knowledge I have now (and I truly believe I could really quickly)... yes. Absolutely.

It has to be easier now with information so readily available at your fingertips for those so inclined.... mobile devices... forums, so easy to learn now rather than 25 years ago where it was a lot more trial and error.

And its so much easier to research property now... before you'd get a big fat weekly book of properties for sale in the area, no maps, 1 black and white photo per property in the book about 3/4 the size of a credit card. Forget about buying interstate... as you would generally know nothing about it you'd generally only buy locally. Research data would have been extremely difficult to come by.

Airfares were very expensive and I had never taken a flight till I was about 21. Our family holidays were all caravan trips up or down the coast whereas these days, families can go overseas without giving it a second thought.

I also hated how people would smoke indoors in shopping centres etc... much has changed for the better.

 

Maybe not,i would rather just leave it the way it is,or there is a good line from the latest Tom Hanks movie ,Bridge of Spies,where the Russian Spy who is facing death,keeps saying to Tom Hanks who is his Legal person,"Do you think i should worry about that.."

 

Can we vote for the wife to be 25 years younger instead?

 

WTF?

 

Do you like jail time? Because that's how you get jail time (for many members here)

Back to the OP, what a great question. I believe one of the big challenges of life is finding the right balance between investing in the future and enjoying the now. Many old folk are so poor that all they have is money. On the flip side, you can be having the time of your life but living paycheck to paycheck.

I've followed a simple process: set some financial goals, set some life experience goals, and consult with experts to make everything happen. Money will not buy you time at the end.

 

Do I get to keep the knowledge I have now? If so, in a heart beat - can be retired before puberty, that would be something

Haha.

 

Can I keep my wife the same age for 25 years lol

 

How about tell me your secrets so I can make a good start