7H·

Portfolio liquidation, house purchase. Recommendations ?!

Hello everyone,

My husband and I are about to buy a house. The new house is supposed to cost €750,000... plus costs such as the kitchen, floors, garden, utilities, etc., of course.

We have done some calculations and are thinking about using between €125,000 and €150,000 of our €225,000 capital so that we get a good interest rate and the monthly installment is not too high, as the construction will take 2 years (with demolition of the old house) and we are also paying rent.

However, we both have a good cash flow, around 10-11k net per month together.

What do you think? What should I sell and when? Get half of everything out quickly? Stop loss everywhere so that we don't take another crash with us? I think we'll have to pay the first installment in the fall, the purchase of the property and ancillary costs.

Maybe someone has some experience :)$AIR (-0,13%)
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199.177,46 €

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17 Commenti

Ayecaramba@Ayecaramba256

Actually, it is not so clever to sell anything at the moment due to the weak us dollar

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GeldGenie@GeldGenie

@Ayecaramba256 The USD is not expected to recover in the medium term. I would therefore ignore this aspect.

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Hansetrader@Hansetradee

@GeldGenie ok. I don't have a choice. The money is just due in the fall

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Ayecaramba@Ayecaramba256

@GeldGenie Now I'm looking forward to the reasoning

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wealth_navigator_1794@wealth_navigator_1794

Watch out for the tariff increases in August. That will hurt your returns a bit if you want to go out in the fall

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Michael@MichaG83

If you were to sell, make sure to liquidate the positions that are in the red first in order to fill the loss pot. This way you don't have to pay unnecessary taxes on the green positions.

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Hansetrader@Hansetradee

@MichaG83 That's right, especially at first! I might just do that now in case a stop order is triggered

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Maverick@Pete_Mitchell

Would take the opportunity to "tidy up" the portfolio. I think there are too many individual positions. Nobody can tell you whether you should sell now or wait. Even if you work with a 5% stop loss, for example, it would have been better to sell now if a correction comes.

Personally, I would start selling the smaller positions now.

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market_expert_gbtws@market_expert_gbtws

I also put 130k into the house back then. Deposit is still 3 years back to the level before I bought the house!

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Hansetrader@Hansetradee

@market_expert_gbtws How much was your deposit worth then? Because our savings rate will then only be 1k instead of 3k... I think that will take a while for us.

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market_expert_gbtws@market_expert_gbtws

My portfolio was then down from 140,000 k to 10k! But the 1.2% interest rate was more than worth it

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Hansetrader@Hansetradee

@market_expert_gbtws oh yes ok! They are at 3.2 :-/ but there's nothing you can do

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Epi@Epi

If the expected return on the deposit is higher than the interest saved on the loan on down payment, then perhaps it is not really worth selling part of the deposit? Deposits can also be pledged as collateral, at least partially. Perhaps that is enough to get better conditions?

Otherwise, get rid of the small items at a loss first. 👍

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Dividende > Zinsen@GoDividend

What interest rate are you currently getting for what term, if you don't mind me asking?

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Hansetrader@Hansetradee

@GoDividend We are now at 15 years at 3.2% plus 24 months interest-free contribution provision and 1.25 repayment. We will also add the KFW loan, as the new house will be KFW40

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Hodlinvestor@Hodlinvestor

Can you claim the loan costs against tax? If so, I wouldn't sell anything

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Hansetrader@Hansetradee

@Hodlinvestor have no independence

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