Hi PF,
Disclaimer: I live in the Bay Area, CA
I was able to save $100k for what I thought would be enough to afford a down-payment on a nice starter-home. However, Bay Area home prices have skyrocketed and it looks like interest rates are climbing as well. With the impending 2018 Tax Plan and the inability to itemize deductions, it seems that I'd be taking too much risk buying a home within the next three years.
What should I do with the $100k that is wasting away in my bank account? Ideally, I'd like reasonable access to it if in case I do decide to buy property elsewhere.
My financial situation: - Maxed out 401k - Maxed out IRA - Save ~$1-2k a month
Submitted April 12, 2018 at 11:50AM by prefessor https://ift.tt/2Hlwwub
