HI Bill
Thinks s/he gets paid by the post
- Joined
- Dec 26, 2017
- Messages
- 2,556
Hi - I've been thinking that our home provides some diversification for our assets (HCOL area). However, next year, we are thinking of selling our home, and travelling full-time for 1-3 years.
What would you recommend to do with the proceeds (~$350K) that we'll need in 1-3 years to buy a new place? CDs? REITs? Bonds? I want something that is unlikely to lose value, or I won't be able to afford to buy a new place for cash.
Alternately, we've thought about renting the place out, or letting it sit vacant; the monthly carrying costs are about $1K.
Thanks!
What would you recommend to do with the proceeds (~$350K) that we'll need in 1-3 years to buy a new place? CDs? REITs? Bonds? I want something that is unlikely to lose value, or I won't be able to afford to buy a new place for cash.
Alternately, we've thought about renting the place out, or letting it sit vacant; the monthly carrying costs are about $1K.
Thanks!