Husband and I have decided to sell our house and return to the old family homestead. We stand to clear around $400,000 which we’re afraid to put in a bank. Husband wants to sink the entire amount into DWAC. We know the market is going to tank and DWAC will go down too, but we also believe it’s the only solid stock that will “moon” eventually. Advice is most wanted and welcomed. Thanks in advance
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Sound advice and I should have added that we’re retired. Husband is 74, I’m 64 so not sure we are going to have “time” to invest in anything long term. Not saying we’re ready for the grave, far from it. We’re both in great shape, better than 95% of others our age. I have family who have rental property and they are always complaining about what a pain in the ass it is. Not real sure what to do. We do have a small mortgage and rental property is higher than our mortgage. The point is, we don’t want to keep doing this. We want out before the market goes flat out under. If we delay, we’re stuck