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Old 10-30-2007, 10:35 PM
Moonshine Moonshine is offline
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Join Date: Jul 2006
Location: PM me for FT monies
Posts: 2,037
Default Re: You have $400k in cash, buy House with it or rent & invest

I dont think the housing market has bottomed out yet

still though, i think it's a pretty decent time to buy if you're in it for the long term. 30 years from now it wont matter if you're house went down 2% the year after you bought it but recovered in the next 29. Prices have dropped more in the last year than they have in a while

if you choose to invest i wouldnt just go throwing it into the stock market either...
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