Reply to Using Taxable Brokerage Account to Buy Vacation Home

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I wouldn't. Just ride out until your feeling goes away[/quote]

Why not?[/quote]

Because these things are like 'mid-life crisis" wants. They come and go. OP is thinking that taking the weekend off and spending the weekend on a nice quiet get-away home w/ spouse and their two teenage kids. Like a dream vacation.  In reality, that's highly unlikely. Kids want to do what they want to do, not being told what they are doing in coming weekend. The weekend to-do items never go away which means every time you spend wkd away, your to-do list only get longer. Also, from $ standpoint, OP still have a big future liability that has not been realized - kids college cost. Also, their retirement fund is low (only 1 million). I am assuming OP has a pension because 1 mil at age 50 w/o pension and two kids heading to college sounds pretty shaky to me. That's why not. [/quote]

+1
Maybe I'm wrong, but this struck me that way too.  
You also are going to be pretty heavy invested in real estate.[/quote]

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