3 ms·
This is the big discussion right now, it definitely seems like some sort of downturn/correction is coming within the next 18 months. We'd like to buy within the
by 40acres 8y ago
This is the big discussion right now, it definitely seems like some sort of downturn/correction is coming within the next 18 months. We'd like to buy within the next 5 years but are willing to stretch it out to a max of 7 (we've decided that no matter where we go we'll end up in a high CoL area). So for now we're keeping a chunk of our savings in the market and will keep an eye on asset allocation and continuing to re-evaluate our risk tolerance and the market.
- lotsofpulp 8y agoUnless you have major insider information, the market will usually correct before you can cash out. If you have the cash available, you can jump on a good deal the second it becomes available, especially in a downturn when others are having trouble coming up with the cash. It all depends on how risk-free you want to be of course, good luck!