ladelfina
Thinks s/he gets paid by the post
- Joined
- Oct 18, 2005
- Messages
- 2,713
I own mine free & clear. Represents about 1/3 of net worth. Yet many here hold REITs, etc., as part of their allocation when I assume they also have substantial home equity.
As an 'investment' (I know your home is in some ways not really an investment, but just for the sake of argument..) the pros are: in euros, so balances the other 2/3 in dollar-denominated stocks/bonds/funds from which I draw income as needed; the cons are: not real liquid as houses here can take a long time to sell- -also, it's an unusual property so no clear 'comps' to help establish fair market value.
Any thoughts? It may have been discussed here before but a couple different searches didn't turn up anything for me.
Have a little bit of cash to invest and am wondering whether it is worth putting some in REITs, or concentrating only on the other "missing" allocation pieces.
As an 'investment' (I know your home is in some ways not really an investment, but just for the sake of argument..) the pros are: in euros, so balances the other 2/3 in dollar-denominated stocks/bonds/funds from which I draw income as needed; the cons are: not real liquid as houses here can take a long time to sell- -also, it's an unusual property so no clear 'comps' to help establish fair market value.
Any thoughts? It may have been discussed here before but a couple different searches didn't turn up anything for me.
Have a little bit of cash to invest and am wondering whether it is worth putting some in REITs, or concentrating only on the other "missing" allocation pieces.