Quote:
Originally Posted by Stu from NYC
If these are your expectations hope you have a rainy day fund if you are wrong.
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"Wrong" in what way?
If somebody has hundreds of thousands in cash, by definition, they have a rainy day fund for whatever life kicks-up.
I'll add that I've seen plenty of $$ haircuts (not catastrophic) for people who bought in latter 2020 to early 2022 and sold in the last 6 months or so. That wound-up being a buy high/sell low situation for them. And painful for some sellers who sat for months with an overpriced house for sale. Some of the asking prices are still dumb and continuously getting shaved.