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Reply to "Do you think a vacation home is a good investment?"
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[quote=Anonymous]I'm someone who vacations every year at the same beach, and every year I look at the houses and think about buying one. I never do. Because I can barely keep up with maintaining one house, the one we live in! I cannot imagine the stress of having so much money invested in another house--add in the risk of hurricanes, renters, real estate prices dropping, etc. And I wouldn't want to retire there--I'd want to be closer to wherever my kids end up and/or good medical care. I prefer index funds, thank you. [/quote]
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