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Relying on Stocks for a Near-Term Purchase? What to Consider as the Market Gyrates

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Relying on stocks to fund a near-term expense like a home or college tuition is often a bad idea. The current market leaves people with few good options.

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Money earmarked for a major purchase in months' time should generally be in something more conservative, meaning it's insulated from market whiplash, according to financial advisors.

 

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