I have a second "lake house" that I consider an investment. When I look at all my other investments, how should I classify this 2nd house? If my other investments are, stocks, bonds,and cash, this is real estate. Should this "investment" influenence my other investments? I like to think about it as a bunch of money waiting for me to cash it in. It would be about 1/3 value as my other investments combined, approximately $400K.
Thanks
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