This week March 24, 2018, we answer the questions should expected returns for stocks be higher if one has a time horizon of 30 years versus 10? We also answer a member's question on whether he should fund a higher down payment for his new house from his bond portfolio. Finally, we look at a couple that retired and earned millions by systematically playing and winning the lottery over a period of years. … [Read more...]
130: Should You Buy A Vacation Home?
How changes in financial circumstances, property markets, zoning rules and personal taste can make owning an illiquid vacation property a risky proposition, but why we bought our dream place anyway (and then sold it). Photo by J.D. Stein In this episode you'll learn: What do consider when buying a vacation property. How owning a second home can be both an asset and liability. The importance of prototyping your life by having a bias to action. Show Notes Airbnb Sues … [Read more...]