Buying next year, what to do with down payment money?

[pk92108]

settle 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..

[pk92108]

settle 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..

[NicMM]

I gained about 33% from the stock market so far. A month ago my portfolio had gained over 100%, mostly from trading a penny stock.It seemed appealing to me because it is about alternative energy. I got in early (last year) when there was no one desiring it. This year it took off, but soon became a speculator’s pet. In the past month I got unlucky. In 3 days that stock lost 40% of its value and I was knocked out. Today it has been up 30% again from my exit point. It’s crazy. I think I am not good for this game and don’t have appetite for this stock any more.

[NicMM]

I gained about 33% from the stock market so far. A month ago my portfolio had gained over 100%, mostly from trading a penny stock.It seemed appealing to me because it is about alternative energy. I got in early (last year) when there was no one desiring it. This year it took off, but soon became a speculator’s pet. In the past month I got unlucky. In 3 days that stock lost 40% of its value and I was knocked out. Today it has been up 30% again from my exit point. It’s crazy. I think I am not good for this game and don’t have appetite for this stock any more.

[NicMM]

I gained about 33% from the stock market so far. A month ago my portfolio had gained over 100%, mostly from trading a penny stock.It seemed appealing to me because it is about alternative energy. I got in early (last year) when there was no one desiring it. This year it took off, but soon became a speculator’s pet. In the past month I got unlucky. In 3 days that stock lost 40% of its value and I was knocked out. Today it has been up 30% again from my exit point. It’s crazy. I think I am not good for this game and don’t have appetite for this stock any more.

[NicMM]

I gained about 33% from the stock market so far. A month ago my portfolio had gained over 100%, mostly from trading a penny stock.It seemed appealing to me because it is about alternative energy. I got in early (last year) when there was no one desiring it. This year it took off, but soon became a speculator’s pet. In the past month I got unlucky. In 3 days that stock lost 40% of its value and I was knocked out. Today it has been up 30% again from my exit point. It’s crazy. I think I am not good for this game and don’t have appetite for this stock any more.

[NicMM]

I gained about 33% from the stock market so far. A month ago my portfolio had gained over 100%, mostly from trading a penny stock.It seemed appealing to me because it is about alternative energy. I got in early (last year) when there was no one desiring it. This year it took off, but soon became a speculator’s pet. In the past month I got unlucky. In 3 days that stock lost 40% of its value and I was knocked out. Today it has been up 30% again from my exit point. It’s crazy. I think I am not good for this game and don’t have appetite for this stock any more.

[(former)FormerSanDiegan]

NicMM – Surely these aren’t funds that you need within the next 1-3 years, right ?

[(former)FormerSanDiegan]

NicMM – Surely these aren’t funds that you need within the next 1-3 years, right ?

[(former)FormerSanDiegan]

NicMM – Surely these aren’t funds that you need within the next 1-3 years, right ?

[(former)FormerSanDiegan]

NicMM – Surely these aren’t funds that you need within the next 1-3 years, right ?

[(former)FormerSanDiegan]

NicMM – Surely these aren’t funds that you need within the next 1-3 years, right ?

[Anonymous]

I’m putting my down payment savings in CDs with a plan to buy in a year or so, it’s at 3.6% interest. I guess I’m losing money to total inflation, but since I plan on spending the money on a house and houses are deflating so as far as housing those dollars aren’t losing value. I did this because if I lost 20% of my money to the stock market, that would delay the house purchase significantly and I don’t have time to ride out a rough spot.

[Anonymous]

I’m putting my down payment savings in CDs with a plan to buy in a year or so, it’s at 3.6% interest. I guess I’m losing money to total inflation, but since I plan on spending the money on a house and houses are deflating so as far as housing those dollars aren’t losing value. I did this because if I lost 20% of my money to the stock market, that would delay the house purchase significantly and I don’t have time to ride out a rough spot.

[Anonymous]

I’m putting my down payment savings in CDs with a plan to buy in a year or so, it’s at 3.6% interest. I guess I’m losing money to total inflation, but since I plan on spending the money on a house and houses are deflating so as far as housing those dollars aren’t losing value. I did this because if I lost 20% of my money to the stock market, that would delay the house purchase significantly and I don’t have time to ride out a rough spot.

[Author]

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