Home › Forums › Financial Markets/Economics › Buying next year, what to do with down payment money?
- This topic has 127 replies, 16 voices, and was last updated 16 years, 5 months ago by
jimmyle.
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August 12, 2008 at 8:26 AM #13577August 12, 2008 at 8:41 AM #256015
(former)FormerSanDiegan
ParticipantFor that short a time frame, liquid cash is the only option in my book.
The trend of dollar decline has stalled. Stocks, both US and foreign, can see wild swings over short periods of time. You can chose between + 3.5% guaranteed or something likely between + 20% or – 20% (but unknown).You choose.
I would start picking exit points for stock. Get to the point where, if you lost 20-50% in your stocks that you could still implement your plan (or a related back-up plan).
August 12, 2008 at 8:41 AM #256194(former)FormerSanDiegan
ParticipantFor that short a time frame, liquid cash is the only option in my book.
The trend of dollar decline has stalled. Stocks, both US and foreign, can see wild swings over short periods of time. You can chose between + 3.5% guaranteed or something likely between + 20% or – 20% (but unknown).You choose.
I would start picking exit points for stock. Get to the point where, if you lost 20-50% in your stocks that you could still implement your plan (or a related back-up plan).
August 12, 2008 at 8:41 AM #256197(former)FormerSanDiegan
ParticipantFor that short a time frame, liquid cash is the only option in my book.
The trend of dollar decline has stalled. Stocks, both US and foreign, can see wild swings over short periods of time. You can chose between + 3.5% guaranteed or something likely between + 20% or – 20% (but unknown).You choose.
I would start picking exit points for stock. Get to the point where, if you lost 20-50% in your stocks that you could still implement your plan (or a related back-up plan).
August 12, 2008 at 8:41 AM #256257(former)FormerSanDiegan
ParticipantFor that short a time frame, liquid cash is the only option in my book.
The trend of dollar decline has stalled. Stocks, both US and foreign, can see wild swings over short periods of time. You can chose between + 3.5% guaranteed or something likely between + 20% or – 20% (but unknown).You choose.
I would start picking exit points for stock. Get to the point where, if you lost 20-50% in your stocks that you could still implement your plan (or a related back-up plan).
August 12, 2008 at 8:41 AM #256306(former)FormerSanDiegan
ParticipantFor that short a time frame, liquid cash is the only option in my book.
The trend of dollar decline has stalled. Stocks, both US and foreign, can see wild swings over short periods of time. You can chose between + 3.5% guaranteed or something likely between + 20% or – 20% (but unknown).You choose.
I would start picking exit points for stock. Get to the point where, if you lost 20-50% in your stocks that you could still implement your plan (or a related back-up plan).
August 12, 2008 at 4:24 PM #256180EconProf
ParticipantMy condolences on your market losses. This market has humbled a lot of people lately, myself included. FWIW, even the pros are getting clobbered: Buffett, previously high-flying hedge funds, Carl Ichan, Calpers, etc.
I’d stick to CDs, money market funds in safe institutions. Yes, you’ll be behind considering inflation and taxes, but that’s today’s environment.August 12, 2008 at 4:24 PM #256360EconProf
ParticipantMy condolences on your market losses. This market has humbled a lot of people lately, myself included. FWIW, even the pros are getting clobbered: Buffett, previously high-flying hedge funds, Carl Ichan, Calpers, etc.
I’d stick to CDs, money market funds in safe institutions. Yes, you’ll be behind considering inflation and taxes, but that’s today’s environment.August 12, 2008 at 4:24 PM #256362EconProf
ParticipantMy condolences on your market losses. This market has humbled a lot of people lately, myself included. FWIW, even the pros are getting clobbered: Buffett, previously high-flying hedge funds, Carl Ichan, Calpers, etc.
I’d stick to CDs, money market funds in safe institutions. Yes, you’ll be behind considering inflation and taxes, but that’s today’s environment.August 12, 2008 at 4:24 PM #256368EconProf
ParticipantMy condolences on your market losses. This market has humbled a lot of people lately, myself included. FWIW, even the pros are getting clobbered: Buffett, previously high-flying hedge funds, Carl Ichan, Calpers, etc.
I’d stick to CDs, money market funds in safe institutions. Yes, you’ll be behind considering inflation and taxes, but that’s today’s environment.August 12, 2008 at 4:24 PM #256423EconProf
ParticipantMy condolences on your market losses. This market has humbled a lot of people lately, myself included. FWIW, even the pros are getting clobbered: Buffett, previously high-flying hedge funds, Carl Ichan, Calpers, etc.
I’d stick to CDs, money market funds in safe institutions. Yes, you’ll be behind considering inflation and taxes, but that’s today’s environment.August 12, 2008 at 4:24 PM #256471EconProf
ParticipantMy condolences on your market losses. This market has humbled a lot of people lately, myself included. FWIW, even the pros are getting clobbered: Buffett, previously high-flying hedge funds, Carl Ichan, Calpers, etc.
I’d stick to CDs, money market funds in safe institutions. Yes, you’ll be behind considering inflation and taxes, but that’s today’s environment.August 13, 2008 at 10:29 AM #256460pk92108
Participantsettle for the 3.5%…too many unknowns if you need the money in the short term…I am down around 150K if that makes you fell any better and I just have a garden variety mix of foreign/domestic mutual funds…nothing really aggressive..
August 13, 2008 at 10:29 AM #256640pk92108
Participantsettle for the 3.5%…too many unknowns if you need the money in the short term…I am down around 150K if that makes you fell any better and I just have a garden variety mix of foreign/domestic mutual funds…nothing really aggressive..
August 13, 2008 at 10:29 AM #256647pk92108
Participantsettle for the 3.5%…too many unknowns if you need the money in the short term…I am down around 150K if that makes you fell any better and I just have a garden variety mix of foreign/domestic mutual funds…nothing really aggressive..
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