2 ms·
If you think we're at the top of the market, liquidating property, paying taxes on the gains, and then putting money in an index fund isn't great advice. In 08
by nostromo 8y ago
If you think we're at the top of the market, liquidating property, paying taxes on the gains, and then putting money in an index fund isn't great advice.
In 08 the S&P tanked 50%+, while housing (measured by Case-Shiller national home price) only dropped around 18%. In desirable cities the housing correction was even smaller.
In any case, bull markets don't die of old age, they die from recessions.