Is this correct?

[waitingpatiently]

Is this train of thought correct:

If you have cash parked in cd’s that will be used exclusively for purchasing a house then it doesn’t matter what the “dollar” does against foreign currency because the price of the house is in dollars. I ask this because we have our cash in cd’s and I am worried about it getting demolished.

Thanks,
WP

[peterb]

About the only currency looking any stronger is the Yen. And maybe gold if you consider it a type of money. CD under FDIC limits? You’re probably in a good place as that money may come in more handy for living than buying a house that’s going down in value.

[peterb]

About the only currency looking any stronger is the Yen. And maybe gold if you consider it a type of money. CD under FDIC limits? You’re probably in a good place as that money may come in more handy for living than buying a house that’s going down in value.

[peterb]

About the only currency looking any stronger is the Yen. And maybe gold if you consider it a type of money. CD under FDIC limits? You’re probably in a good place as that money may come in more handy for living than buying a house that’s going down in value.

[peterb]

About the only currency looking any stronger is the Yen. And maybe gold if you consider it a type of money. CD under FDIC limits? You’re probably in a good place as that money may come in more handy for living than buying a house that’s going down in value.

[peterb]

About the only currency looking any stronger is the Yen. And maybe gold if you consider it a type of money. CD under FDIC limits? You’re probably in a good place as that money may come in more handy for living than buying a house that’s going down in value.

[waitingpatiently]

It’s all FDIC insured. I am just making sure that my train of thought is correct. After this week we won’t be buying a house for awhile unless I can buy it for cash.

For all those who cheered that La Costa Valley, Sante Fe trails, La Costa Oaks, would never get below $600k…we have only just begun. Of course people have the cash and means to buy them at higher prices but why in the world would they.

WP

[waitingpatiently]

It’s all FDIC insured. I am just making sure that my train of thought is correct. After this week we won’t be buying a house for awhile unless I can buy it for cash.

For all those who cheered that La Costa Valley, Sante Fe trails, La Costa Oaks, would never get below $600k…we have only just begun. Of course people have the cash and means to buy them at higher prices but why in the world would they.

WP

[waitingpatiently]

It’s all FDIC insured. I am just making sure that my train of thought is correct. After this week we won’t be buying a house for awhile unless I can buy it for cash.

For all those who cheered that La Costa Valley, Sante Fe trails, La Costa Oaks, would never get below $600k…we have only just begun. Of course people have the cash and means to buy them at higher prices but why in the world would they.

WP

[waitingpatiently]

It’s all FDIC insured. I am just making sure that my train of thought is correct. After this week we won’t be buying a house for awhile unless I can buy it for cash.

For all those who cheered that La Costa Valley, Sante Fe trails, La Costa Oaks, would never get below $600k…we have only just begun. Of course people have the cash and means to buy them at higher prices but why in the world would they.

WP

[waitingpatiently]

It’s all FDIC insured. I am just making sure that my train of thought is correct. After this week we won’t be buying a house for awhile unless I can buy it for cash.

For all those who cheered that La Costa Valley, Sante Fe trails, La Costa Oaks, would never get below $600k…we have only just begun. Of course people have the cash and means to buy them at higher prices but why in the world would they.

WP

[Raybyrnes]

Those with cash may buy becasue they risk having someone else with cash buy before them.

Someone who is not paying all cash but has 20 % down may look to buy now becaue in 2 years the required down payments might be 40% and therefore he might be locked out if he has not save the 40% or does not have acccess to the 40%.

Just a hypotheitical but that would be the rationale.

waitingpatiently
Do you think that you are going to be able to time the exact bottom? You are going to buy at some point and more than likely someone is going to ask the same question about you. Or they might ask why didn’t you buy if things shot up before you made a move. It’s easy for people to judge the past. Harder to see the future.

[Raybyrnes]

Those with cash may buy becasue they risk having someone else with cash buy before them.

Someone who is not paying all cash but has 20 % down may look to buy now becaue in 2 years the required down payments might be 40% and therefore he might be locked out if he has not save the 40% or does not have acccess to the 40%.

Just a hypotheitical but that would be the rationale.

waitingpatiently
Do you think that you are going to be able to time the exact bottom? You are going to buy at some point and more than likely someone is going to ask the same question about you. Or they might ask why didn’t you buy if things shot up before you made a move. It’s easy for people to judge the past. Harder to see the future.

[Raybyrnes]

Those with cash may buy becasue they risk having someone else with cash buy before them.

Someone who is not paying all cash but has 20 % down may look to buy now becaue in 2 years the required down payments might be 40% and therefore he might be locked out if he has not save the 40% or does not have acccess to the 40%.

Just a hypotheitical but that would be the rationale.

waitingpatiently
Do you think that you are going to be able to time the exact bottom? You are going to buy at some point and more than likely someone is going to ask the same question about you. Or they might ask why didn’t you buy if things shot up before you made a move. It’s easy for people to judge the past. Harder to see the future.

[Raybyrnes]

Those with cash may buy becasue they risk having someone else with cash buy before them.

Someone who is not paying all cash but has 20 % down may look to buy now becaue in 2 years the required down payments might be 40% and therefore he might be locked out if he has not save the 40% or does not have acccess to the 40%.

Just a hypotheitical but that would be the rationale.

waitingpatiently
Do you think that you are going to be able to time the exact bottom? You are going to buy at some point and more than likely someone is going to ask the same question about you. Or they might ask why didn’t you buy if things shot up before you made a move. It’s easy for people to judge the past. Harder to see the future.

[Author]

Posts