Home › Forums › Financial Markets/Economics › Buying next year, what to do with down payment money?
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jimmyle.
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August 19, 2008 at 9:33 AM #258898August 19, 2008 at 9:33 AM #258947
jimmyle
ParticipantSince taking my money out of mutual funds and stocks and put it in a CD I have avoided losing an additional 5%.
August 19, 2008 at 9:33 AM #258989ParticipantSince taking my money out of mutual funds and stocks and put it in a CD I have avoided losing an additional 5%.
August 19, 2008 at 5:36 PM #258865(former)FormerSanDiegan
Participant[quote=jimmyle]Since taking my money out of mutual funds and stocks and put it in a CD I have avoided losing an additional 5%.[/quote]
That’s about 15 months of interest on your CD.
Safe move. But for your own sanity don’t keep tracking this. Just write down the amount you will have when you are ready to pull it out for a down payment.August 19, 2008 at 5:36 PM #259056Participant[quote=jimmyle]Since taking my money out of mutual funds and stocks and put it in a CD I have avoided losing an additional 5%.[/quote]
That’s about 15 months of interest on your CD.
Safe move. But for your own sanity don’t keep tracking this. Just write down the amount you will have when you are ready to pull it out for a down payment.August 19, 2008 at 5:36 PM #259069Participant[quote=jimmyle]Since taking my money out of mutual funds and stocks and put it in a CD I have avoided losing an additional 5%.[/quote]
That’s about 15 months of interest on your CD.
Safe move. But for your own sanity don’t keep tracking this. Just write down the amount you will have when you are ready to pull it out for a down payment.August 19, 2008 at 5:36 PM #259117Participant[quote=jimmyle]Since taking my money out of mutual funds and stocks and put it in a CD I have avoided losing an additional 5%.[/quote]
That’s about 15 months of interest on your CD.
Safe move. But for your own sanity don’t keep tracking this. Just write down the amount you will have when you are ready to pull it out for a down payment.August 19, 2008 at 5:36 PM #259158Participant[quote=jimmyle]Since taking my money out of mutual funds and stocks and put it in a CD I have avoided losing an additional 5%.[/quote]
That’s about 15 months of interest on your CD.
Safe move. But for your own sanity don’t keep tracking this. Just write down the amount you will have when you are ready to pull it out for a down payment.September 17, 2008 at 1:33 PM #271555ParticipantWow, the stocks market keeps falling, luckily I took my deposit money out of mutual funds 5 weeks ago and put in CDs and avoided losing another 10%. Better late than never.
On the other hand I didn’t change my 401K investment and it has lost 38% this year. Ouch.
September 17, 2008 at 1:33 PM #271791ParticipantWow, the stocks market keeps falling, luckily I took my deposit money out of mutual funds 5 weeks ago and put in CDs and avoided losing another 10%. Better late than never.
On the other hand I didn’t change my 401K investment and it has lost 38% this year. Ouch.
September 17, 2008 at 1:33 PM #271802ParticipantWow, the stocks market keeps falling, luckily I took my deposit money out of mutual funds 5 weeks ago and put in CDs and avoided losing another 10%. Better late than never.
On the other hand I didn’t change my 401K investment and it has lost 38% this year. Ouch.
September 17, 2008 at 1:33 PM #271841ParticipantWow, the stocks market keeps falling, luckily I took my deposit money out of mutual funds 5 weeks ago and put in CDs and avoided losing another 10%. Better late than never.
On the other hand I didn’t change my 401K investment and it has lost 38% this year. Ouch.
September 17, 2008 at 1:33 PM #271866ParticipantWow, the stocks market keeps falling, luckily I took my deposit money out of mutual funds 5 weeks ago and put in CDs and avoided losing another 10%. Better late than never.
On the other hand I didn’t change my 401K investment and it has lost 38% this year. Ouch.
September 17, 2008 at 1:43 PM #271590waterboy
ParticipantGood timing on the MF to CD, but I wouldn’t start thinking you can time the market. Pulling everything out now could make it real tough to earn the losses back.
September 17, 2008 at 1:43 PM #271827ParticipantGood timing on the MF to CD, but I wouldn’t start thinking you can time the market. Pulling everything out now could make it real tough to earn the losses back.
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