W2R
Moderator Emeritus
Those of you who are "regulars" here, know that I am just never going to be persuaded to take on a mortgage, even briefly. That said, I am thinking of selling my house and buying another sometime in the next few years. Since my present house is pretty, er, "modest" , the new house will doubtless cost about twice as much as my present house. And, I would insist on paying for the house in cash. I have *some* cash in my portfolio, but nowhere near enough.
You all are such a great resource... has anybody else done this? How did you get the excess cash needed out of your investment portfolio in an intelligent way? I am figuring that I will have to sell a percentage of my taxable investments to do this, and fear getting clobbered by the IRS.
Thanks for any suggestions!
You all are such a great resource... has anybody else done this? How did you get the excess cash needed out of your investment portfolio in an intelligent way? I am figuring that I will have to sell a percentage of my taxable investments to do this, and fear getting clobbered by the IRS.
Thanks for any suggestions!