Sell Stocks to Buy Land?

[Lisa Treadwell]

Here's a thought....read an article, and the takeaway was to sell stocks high and buy real estate low. As a real estate agent, I can understand the small window where that could happen. I read about the "January Effect" and am thinking this might be a good opportunity.

I'm looking at buying 2 lots in a developing area, where the county is adding septic. The 2 properties are next to one another and look to part of a new home community-or at least adjacent to one.

Thoughts on selling stocks to buy and hold land for a year or so?

[Account Closed]

Quote from @Lisa Treadwell:

Here's a thought....read an article, and the takeaway was to sell stocks high and buy real estate low. As a real estate agent, I can understand the small window where that could happen. I read about the "January Effect" and am thinking this might be a good opportunity.

I'm looking at buying 2 lots in a developing area, where the county is adding septic. The 2 properties are next to one another and look to part of a new home community-or at least adjacent to one.

Thoughts on selling stocks to buy and hold land for a year or so?

I'm biased. I've never owned any stocks. I don't trust the stock market.

That being said, I'd look at the tax hit if you cash out your stocks. It depends on the stocks you hold, your cost basis, your goals, how much the land will increase in value. Your time horizon and what you think the stock market will do.
It's all just numbers really. Use the numbers that work for you.
Except that I don't trust the stock market. ;-)