Hi. I'm a long time reader of this site, but this is my first post (I just joined).
Assume you have a reasonably balanced portfolio involving equities, real estate and cash. 100 bucks in equities (currently available vanguard funds), 100 bucks in RE and 100 bucks in cash.
Assume you have the chance to participate in a no risk, fully secure note paying 5%. It will be paid off in 18 to 24 months, but it's one phone call check cut the next day liquid. Assume you could put up to 200 bucks in the note if you wanted to.
What is the right move?
Thanks.
Assume you have a reasonably balanced portfolio involving equities, real estate and cash. 100 bucks in equities (currently available vanguard funds), 100 bucks in RE and 100 bucks in cash.
Assume you have the chance to participate in a no risk, fully secure note paying 5%. It will be paid off in 18 to 24 months, but it's one phone call check cut the next day liquid. Assume you could put up to 200 bucks in the note if you wanted to.
What is the right move?
Thanks.