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Investing/Strategies / Retirement Investing
|Subject: Re: Allocation Advice||Date: 10/6/2003 1:30 PM|
|Author: Watty56||Number: 37402 of 78166|
As always all comments and suggestion are appreciated.
Here are some investment suggestions;
1) Invest time with your daughter, by the time she is about 10 or so she will be living in her own world where you are just a visitor.
2) Invest time with your wife, she is a long-term investment isn't she?
3) Invest time in yourself.
4) Live below your means! There will be unexpected turns in your life and financial independence can help you get some types of problems. Live and invest so you can retire early if you want to.
5) Even though most of your debt is student loans you still have negative net worth! While you have good prospects you still have a net worth less than my teenage son's. Take a look at your take home pay and your expenses and figure out how many months of after tax take home pay it will take you to get to a positive net worth. Then ask yourself just how much you saved last month, if these match thats great, if not then figure out why. S