Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Off-Topic
Reply to "All you rich folks - looks like I'm (almost) one of you. What should we do?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]1 - definitely discuss with an FA. 2 - don't pay off your mortgage. You probably get a tax deduction from it (the interest portion, tho that may be small) and you are clearly "in the money". 3 - a good FA will tell you how best to invest your money (make sure you are diversified). If I were you, I'd put aside a small amount for "fun" money (vacation, new clothes, whatever) and then be very very strict about leaving the rest in investments for college, retirement, etc. 4 - if you love your neighborhood and it is in a good school district (and even better if it is close-in), then I'd consider remodelling over moving.[/quote] I agree. First stop: Financial Advisor. Look for a fee-only one. I inherited $200K last year and this is exactly what we are going to do. I've allocated some of it for travel, some for home improvement (our 1952 master bath will thank me), and the rest will remain invested for retirement and college.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
