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
»
Money and Finances
Reply to "Am I home free or kidding myself?"
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]Lol yes. I love your writing style. [/quote] Thanks. Just remember. Keep the house small, that's the key to this whole endeavor working for your family. First of all, you want the extra capital (the other half of the $750k) in productive investments, earning you dividends year after year after year to supplement your income. If you can average 6 or 7% from them, that's an extra $22k per year. Not that you can count on that EVERY year, or that you should be spending it, but it's just an extra $22k per year on average compounding in the background, out of sight. And leave it out of sight. That's almost like an entire extra pension, in addition to the one your DH's already earned. If you were to spend the full $750k, not only do you not have that extra $22k investment income, but your property taxes will be twice as high, your energy costs will be higher, your maintenance and upkeep and renovation costs will be higher, and your neighbors will be richer so you'll always feel more pressure to spend more just to keep up. [/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