I don’t remember if I was allowed to plunk it all back into the market once we closed. Maybe I was allowed but by then the market had appreciated so much I felt foolish selling low then buying high. Ahh well.. win some.. lose some…
of course the bank doesn’t cover capital gain by selling.
luckily it wasn’t IRA. We have saved enough to cover teh 20% down and more but WF required that the extra also be liquid.
had I left the money in SP50, there’s no telling that I wouldn’t have pulled out once DOW hits 15000. I’m kind of a nervous investor that way.
I still am saving and just hoping for a big correction – who knows if it will ever comes.