After selling our house our AA went from roughly 60/40/0 stock/bond/cash to 48/32/20. Will probably buy another place in 2 to 3 years, but haven’t decided where to stash the cash. Last time we were between home ownership we put it into CDs. Like you, kind of waiting to see if market changes make for good buying opportunity in either real estate or stock market.
Where do You Park Your "Dry Powder" Cash?
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After selling our house our AA went from roughly 60/40/0 stock/bond/cash to 48/32/20. Will probably buy another place in 2 to 3 years, but haven’t decided where to stash the cash. Last time we were between home ownership we put it into CDs. Like you, kind of waiting to see if market changes make for good buying opportunity in either real estate or stock market.
NW-Bound
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Does it make you feel better that your stash is not as silly as mine?
But then, compared to those Europeans putting money in 30-year bonds with negative yields, I feel so fortunate. I don't know what gun is being pointed at their head to make them do it, so I will not say that I am smarter.
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