The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Real Estate Investing

URL:  https://boards.fool.com/what-exactly-was-your-purpose-in-buying-this-23454521.aspx

Subject:  Re: Keep or Sell? Date:  12/20/2005  6:28 PM
Author:  jrr7 Number:  7366 of 14292

What exactly was your purpose in buying this house?

Speculation: it's a house you really like, just too big for your present needs, but you project that in the future it would meet your needs

If so, are you betting that your needs will change but what you desire in a house won't?

I take it the $100,000 is after you pay off the mortgage, right? If you sold, what would you do with the cash while you're holding it?

Keep in mind though that when you have lots of cash you are exposed to erosion of its value due to inflation. And I-bonds are a horrible deal right now, so TIPS are your only choice for a low-risk inflation hedge. (There's a sale coming up.)
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us