The Motley Fool Discussion Boards
Personal Finances / Credit Cards and Consumer Debt
|Subject: Re: Poll: Help me figure it out||Date: 12/29/2013 1:24 PM|
|Author: TexasSue||Number: 307623 of 311542|
the 125 is after tax.. I don't want to go to prison.. first things first
20K should be enough coupled with the private unemployement insurance I purchased should something go amiss.
Rental property is like 1/4 a mile from my primary residence in a desireable neighborhood. .
Rental nets me like 60$ month positive cash flow plus a tax break .. if I refi'd I could get a more positive cash flow.. but then I am trying I think to get the most bang for my buck .. I just want to win the lottery . but then again doesn't everyone.
My husband has been gone for a little less than 1/2 a year .. I feel like holding on to anything out side of 20K is a waste.. and it should be invested .. otherwise I am doing no more than putting it in a hole in the ground.. and tht is a losing strategy .. I detest CDs, and getting .5 % in a savings account while they loan out my money to others .. is also a waste.
Apparently I am attached to owning property .. am having a hard time of letting it go based on the dallas housing market.. and the exponential growth.. I think it is a good long term investment..
> > the other crazy thought I had was to sell everything both houses.. take the cash and buy a foreclosure at auction that is coming up.
>> sell everything and move into his travel trailer.. Sometimes I think I am a simple person.. and don't need all the stuff I seem to have acquired..
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|