I’m not convinced anyone’s DOING anything to prevent RE prices from dropping. The politicians are talking a good game, but DOING nothing. The Fed is considering the effects on the economy, but holding rates steady. The banks/market are tightening lending standards, but only renegotiating loans when it’s in their interest.
My suspicion is that aside from banks waiving refinance fees and granting more forbearances, no one’s going to DO anything of consequence until prices drop another 10-15%, and then probably not until it’s too late
I actually have a nice chunk of DODFX in my 401k, and other 5-star global funds in my taxable accounts. But I’m not so much concerned about the form of the investment (stocks, fund, ETF, etc), but what sector would be wisest to put available money in for a 2+ year horizon. Certainly putting more into global funds is the easiest answer, but I’m interested to hear other ideas.
For the fellow with only couch change, I’d advice scraping up another $35 and applying to a college engineering program. It worked great for me!
I actually have a nice chunk of DODFX in my 401k, and other 5-star global funds in my taxable accounts. But I’m not so much concerned about the form of the investment (stocks, fund, ETF, etc), but what sector would be wisest to put available money in for a 2+ year horizon. Certainly putting more into global funds is the easiest answer, but I’m interested to hear other ideas.
For the fellow with only couch change, I’d advice scraping up another $35 and applying to a college engineering program. It worked great for me!
Uncomfy Numb– We very well might be donating to charity, in an indirect way. We’re looking at fronting a good chunk of the money for a green cohousing community in 2-4 years. So we need to build up funds until then to give ourselves more options… I’ll post another thread on these plans, but I thought the present question would be of general interest
Uncomfy Numb– We very well might be donating to charity, in an indirect way. We’re looking at fronting a good chunk of the money for a green cohousing community in 2-4 years. So we need to build up funds until then to give ourselves more options… I’ll post another thread on these plans, but I thought the present question would be of general interest
