I am buying a home in CA for 650k. I also have saved exactly 650k in cash.
I am tempted to put 50% down, but is that wise? Someone else told me to only put 100k down and the rest invested into an asset managemt group.
I’m very torn on what I should do. I have a job that pays 130 year, but it’s rather unstable at the moment, although I do have a CS background and can probably find work fairly quickly. I tend to be less risky because I want to be able to continue to make payments even if shit hits the fan. Initiallly I was planning on keeping 5 years of savings in an emergency fund, but that’s probably overdoing it...
Submitted December 07, 2017 at 10:00AM by bleepin-bloopin http://ift.tt/2AWAvub
