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I dispute this. I just sold my house, and will buy another one soon. I don't know the timeframe however, so there's no way I'd put the cash into the highest ret
by Schwolop 14y ago
I dispute this. I just sold my house, and will buy another one soon. I don't know the timeframe however, so there's no way I'd put the cash into the highest return vehicle because it will likely have a high volatility and I might need the cash at an inopportune time. As a result, I've dumped the cash in pretty much the lowest return vehicle, simply because I can take it back again whenever I need.
The timescale of the investment should definitely change the priorities.
- fusiongyro 14y agoI don't think we're actually in disagreement. The point I'm trying to make is that the risk and timescale are more important factors than the yield. You chose the highest yield investment you could find with the liquidity and stability you needed. The yield was not your primary concern--it almost never is.
- Schwolop 14y agoRighteo, I think I misread your comment then. I agree.