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Reply to "What to do with 100K?"
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[quote=Anonymous]Is your income sufficient to pay your mortgage and monthly bills, now that your wife cannot work? If yes, then you should use the money to take care of the necessary home repairs, pad the 529, and invest the bulk of it. If you cannot cover your monthly nut on one income, use the money to either recast your mortgage or downsize to a cheaper house. Sinking it into your mortgage is not going to help you if your tumultuous job leaves you unemployed for a stretch of time.[/quote]
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