Should I ride out the S&P or buy a townhouse at 28 with $120k in stocks?

The S&P 500 index has recently suffered over a 10% decline, leaving many investors, particularly retirees, anxious and contemplating their next moves. Some may consider cashing out to invest in stable assets like real estate, especially young investors assessing whether to use their stock gains for a down payment on a house. While financial decisions can be difficult amid market volatility, focusing on personal goals and avoiding fear-driven choices is crucial. Given the current uncertainty, staying invested or making a tangible asset purchase are both valid strategies.

It's tough to choose between a down payment on a first home and staying invested in an S&P 500 as the bull market goes on life support.

Ultimately, both options—staying invested or buying a home—are responsible ways of betting on one's long-term future despite the uncertainty in the market.

Read at 24/7 Wall St.