Re:Ask HN: I've saved up $80k USD. What should I do with it?
by bko on Wednesday May 06, 2020 @07:08AM
(#23089685)
Your short answer suggests you cannot time the market but over the long run, stocks generally go up so they're a good long term investment. Also this answer touts the benefits of passive liquid investments with transaction costs associate with it.
Your second answer goes completely the other direction. The answer suggests to time an investment in real estate, the least liquid investment with the highest transaction costs a typical investor could buy.
No one knows what housing market will be like 180 days from now, no matter how many times they're interviewed on CNBC.
Your second answer goes completely the other direction. The answer suggests to time an investment in real estate, the least liquid investment with the highest transaction costs a typical investor could buy.
No one knows what housing market will be like 180 days from now, no matter how many times they're interviewed on CNBC.
I like your first answer better.