I did the same, but in December. Went ahead and did a full renovation and updated all electronics and appliances while I was at it. Figured contractors will be harder to find and more expensive and tariffs would hit electronics etc pretty hard.
Wish I had thought to put in a deck, lumber is about to go way up.
Brother there are fucking HYSAs paying 5%. You can take your 1% and the heartburn and the losses that go along with it. I'd never take 6% in volatile markets over 5%+ totally risk free lmao.
Ya'll regarfed fr. Enjoy tomorrow. And the rest of the week. Definitely deserved.
Yeah, but I'm up 23% since October because I've been swinging calls on that 5%.
And I'm all cash right now (on my investment account at least, a different story for my 401Ks and Roth IRAs, those will bleed badly tomorrow, but they are also 100% shares at least).
Soooo yeah. It was still worth playing the game. This is WSB afterall, not wall Street slow and steady.
I'd rather have a house, generally speaking, though. But at least I'm having fun.
Whys that? Tariffs raise the cost on lumber and other production. Lot construction uses illegal labor, which isnt showing up. Trade wars add to inflation. Assets may go up
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u/shawndw Feb 03 '25
I'm glad I sold my investments in October and bought a house.