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Investing/Strategies / Retirement Investing
|Subject: Re: OT: a bit - where to put liquid savings.||Date: 3/5/2004 7:28 PM|
|Author: davekone||Number: 39709 of 75793|
You have a pretty high risk of selling at a loss if you're in real estate or stocks for 1 to 3 years -- the transaction costs with real estate are horrible and fraud is apparently rampant in stocks and mutual funds.
Your response is grim, but the same reality I have found. That is why I posted my question looking for some good ideas. Think I'll go with some solid dividend paying stocks.
We just did some real estate investing, and were done with that for now.
Sure there is no inflation: 2003 my home owners insurance went from $558 a year to $768. Cable TV/Internet went from $107 a month to $114, gas has jumped from $1.5x a gal to $1.8x in just a few months, property taxes jumped 8% in 2003 as well I could go on.
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