Should I take 100 K out of my investments for a down payment on a house right now or wait?
We’re planning on buying a home sometime this year probably around the end of summer unless we find something we really like earlier because we have a vacation and a lot of other stuff going on as well.
I just wanted to get some opinions. Today for the first time in a few months my portfolio has bounced back to where it was.
At this point, I’m kind of torn if I should take out the money for a down payment now or let it sit for the next few months and hope it might go up a little bit.
Worst case scenario would obviously be if the stock market took a big hit that I can’t bounce back from for more than a year. Just curious what people in here would think.
Edit for info: I would take out roughly $100,000 and buy a house under $500,000. I have about 300 K in my investment account.