Reply to Should I buy a beach vacation home?

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[quote=Anonymous][quote=Anonymous]Buying a beach house will not likely ever be the best investment you can make. B[b]ut how much money do people really need?  It’s fine to choose to buy fun instead of more money than you will ever spend in your life. [/b]

The financial part that does matter is whether you can afford it. And that includes considering unexpected expenses, like increased HOA fees and special assessments. So do your homework.

Plus while many are not climate deniers, we don’t all feel compelled to make decisions based on something that’s going to occur generations after we’re dead, like significant rise in water level.

As for flooding, as recent events have shown us, even being inland can’t protect you from flooding. [/quote]

My plan is to give the extra money to my kids so that they and my grandkids have a leg up.  So, within reason I will enjoy my money and make good financial and life decisions - but, I want my genes to continue to have a chance in this world too. [/quote]

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