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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Congratulations! OP, I'd find a financial advisor and talk to them before I made any decisions. [/quote]

We had a lot of problems with the financial advisers b/c they all wanted us to put money in the stock market.[/quote]

Of course that's what they want you to do, that's where they can gain a share.

One important thing to consider: on a pure mathematical approach putting everything on the stock market can make sense. The average  return on 10 years is higher than the cost of your debts if you have low interest mortgage or student loans. BUT this doesn't take into account how YOU feel. Are you a risk taker? Will you enjoy watching your dollars go up and down? Is your goal to become as rich as possible or to enjoy your current lifestyle more?

[b]In your situation I would choose peace of mind, I would pay all my debts, yes even my mortgage although that's not the smartest thing to do financially, because that would force me to keep my current lifestyle and just enjoy it better. And invest al the rest Iin retirement and college saving . But that's because material goods don't make me happy, the happiness of knowing I can safely keep enjoying my life is priceless [/b][/quote]

We did this. The freedom of knowing that we could still live in our home whatever happens (or sell it) was very liberating. We also paid down debts and yes, bought a new car. I really Love that car, and no car payment. We also reinvested 20%. That has grown as well (but we did not put it in the stock market) I told some people which was a big mistake. Congrats OP and enjoy![/quote]

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