How much have you saved down?

[kev374]

Well, my QUESTION is how much have you guys saved up in cash for a downpayment?

[barnaby33]

Collectively or as individuals? I’ve got 20%, but I’m not going to say of what. I’ll also say I leave my doors unlocked quite often, but not what my address is.

Josh

[barnaby33]

Collectively or as individuals? I’ve got 20%, but I’m not going to say of what. I’ll also say I leave my doors unlocked quite often, but not what my address is.

Josh

[barnaby33]

Collectively or as individuals? I’ve got 20%, but I’m not going to say of what. I’ll also say I leave my doors unlocked quite often, but not what my address is.

Josh

[nostradamus]

One HUNDRED mmm-MILLION DOLLARS! mwaaaaahahahaha

[img_assist|nid=5287|title=|desc=|link=node|align=left|width=466|height=494]

[nostradamus]

One HUNDRED mmm-MILLION DOLLARS! mwaaaaahahahaha

[img_assist|nid=5287|title=|desc=|link=node|align=left|width=466|height=494]

[nostradamus]

One HUNDRED mmm-MILLION DOLLARS! mwaaaaahahahaha

[img_assist|nid=5287|title=|desc=|link=node|align=left|width=466|height=494]

[nostradamus]

OK seriously, cash is a hot topic lately. The question should be: DO you want your wealth sitting in cash at the moment? More specifically, do you want your wealth in cash in US dollars?

Although we do see a downward trend, home prices are sticky so if you’re a real Pigg and waiting for the bottom it won’t be for at least another year and probably another several years.

If you have a good chunk saved for a downpayment and aren’t buying until you feel home prices have reached equilibrium with fundamentals, the value of your cash likely will decline alongside the price of homes. If you’re sitting on a pile of “downpayment” cash I strongly recommend you consider putting it in a place which will help to preserve or increase value.

[nostradamus]

OK seriously, cash is a hot topic lately. The question should be: DO you want your wealth sitting in cash at the moment? More specifically, do you want your wealth in cash in US dollars?

Although we do see a downward trend, home prices are sticky so if you’re a real Pigg and waiting for the bottom it won’t be for at least another year and probably another several years.

If you have a good chunk saved for a downpayment and aren’t buying until you feel home prices have reached equilibrium with fundamentals, the value of your cash likely will decline alongside the price of homes. If you’re sitting on a pile of “downpayment” cash I strongly recommend you consider putting it in a place which will help to preserve or increase value.

[nostradamus]

OK seriously, cash is a hot topic lately. The question should be: DO you want your wealth sitting in cash at the moment? More specifically, do you want your wealth in cash in US dollars?

Although we do see a downward trend, home prices are sticky so if you’re a real Pigg and waiting for the bottom it won’t be for at least another year and probably another several years.

If you have a good chunk saved for a downpayment and aren’t buying until you feel home prices have reached equilibrium with fundamentals, the value of your cash likely will decline alongside the price of homes. If you’re sitting on a pile of “downpayment” cash I strongly recommend you consider putting it in a place which will help to preserve or increase value.

[ibjames]

any suggestions on where to stash?

[ibjames]

any suggestions on where to stash?

[ibjames]

any suggestions on where to stash?

[JWM in SD]

In the short term, almost any currency other than USD. Longer term, the carry trade currencies: YEN and CHF. they will eventually unwind.

[JWM in SD]

In the short term, almost any currency other than USD. Longer term, the carry trade currencies: YEN and CHF. they will eventually unwind.

[Author]

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