investment: property in LA or HSBC Savings?
Hey Everyone-
My parents are about to sell one of their properties down in Carmel and they want to help me reinvest that money so that I have some investments when I exit law school in 2 years. I had thus far planned to use the money as a downpayment on one or two condos down in LA, but due to the horrible housing market and some friends' advice, I'm now strongly considering placing ALL of the money into an HSBC Savings account.
Any thoughts?
Thank you,
--Marc
__________________
MARC/CROSVS | UCLA Bruin, B.A. Econ, Aug 2004 | J.D., Thomas Jefferson School of Law, May 2008 -- MEMBER: California State Bar, December 4, 2008
2005 BMW 645 Cabrio | Black Sapphire Metallic, Ti trim | 6AT | fully loaded sans HUD
2000 Ford Mustang V6 | laser red on tan | 5-spd | track-prepped
|