Recently talked to a friend during our “yum cha” session:

Friend: Hey! I bought a house. I think it’s time for you to buy home, it is a good investment.

Me: You rent it out?

Friend: No, I will be staying inside.

Me: Come on, you are not doing investment, that’s your liability…

Friend: I think it is a good investment to me …

Me: Hmm.. you bought a home and that’s your liability. To me, you just secure your capital. If your house helps you generate positive cash flow, then that’s an investment … 

Friend: I have a conservative mind, I still think it is a kind of investment.

 Me: Hmmm …

What do you think.