Barnaby33 – I’m with you! I left Temecula five months ago to do just that. My wife and I spent two years up there due to her work, which was about all I could handle. She found a job down here, and now we’re renting 1200 sq. ft. on 7th Ave. in Hillcrest. I can’t describe the difference in quality of life. Suffice it to say that an extra $500/mo. rent got me two extra rooms (2nd bedroom and library) 15 fewer degrees Fahrenheit, walking distance to Balboa park, and wonder of wonders, non-chain restaurants!
Hipmatt – I feel your pain. Make the move down here if you can. I’m sitting on the sidelines while home prices take a dive and my nest egg appreciates, and I feel like I’m “living the life” in the mean time.
I don’t think you’re missing something, I just think most people don’t think it through that carefully. They just know that the kids are out of school, so “now’s a good time” to start the process.
I don’t think you’re missing something, I just think most people don’t think it through that carefully. They just know that the kids are out of school, so “now’s a good time” to start the process.
Regarding the leverage point, doesn’t he counter that by saying that you can borrow to by stocks as well? A margin balance will allow you to leverage stock purchases, right?