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Started By
Message
re: Emergency Fund
Posted on 3/21/14 at 12:09 am to foshizzle
Posted on 3/21/14 at 12:09 am to foshizzle
I do up to 401k match, so I know I have more room there to take advantage of tax sheltering but wasn't sure if the issues with earning money on down payment money would necessitate not being able to use it at this time (401k penalty).
In any event I think my time horizon is Too limited to invest that money because I do want to purchase soon to take advantage of rates.
In any event I think my time horizon is Too limited to invest that money because I do want to purchase soon to take advantage of rates.
This post was edited on 3/21/14 at 12:25 am
1
Posted on 3/22/14 at 7:23 pm to Teddy Ruxpin
quote:
In any event I think my time horizon is Too limited to invest that money because I do want to purchase soon to take advantage of rates.
If you're looking to buy a place where you will stay a while (or at least own a long time) that's certainly something to consider.
I was fortunate enough to refinance my place last year for 30 years at 3.25%. A hell of a great deal but of course that means I'm not selling for 30 years.
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