No. of Recommendations: 2

You are absolutely correct that you should pay off the credit card debts first. Also, DH should never, never be margining money, or even investing in stock at this point, if you have the bills you list. Of course, it is hard to make suggestions because that is a huge unknown.

You need to buy a book called, "Get Your Share" by Julie Stav and try to learn a little about investing - the do's and don'ts. It is easy to read and easy to understand. Could be called "Investing for Dummies."
but the suggestions are excellent. It might be a little heavy in checking out all the points she makes before investing, but getting to know the terms would be excellent.

Then you should tell DH that you will take the "after bill paying" money that is left over, and give him half of it and you could invest the other half. If you do not have a Roth IRA I am suggesting that it is imperative in this day and age. If you don't know about it, learn. It is money that you have already paid tax on, and when you pull it out, there is no tax due. A good solid index fund is a good choice, following Standard and Poor's Index. A very good deal.

You are never going to get out of debt if DH pulls the manuever on margining again - and - he will probably do it again. Unless you can afford to lose the investment, you probably should not be in stocks.

Good Luck, Nona 19
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