Planning for the Future

Dec 20, 2007 15:40

Well I have a little more then six months left. I am starting to think about what I am going to do when I get home. I was planning on selling my house but I think now I am going to keep it and make some changes like take down a couple of trees in my back yard. Fix the garage so the garage door works and I can park my car in there ( Read more... )

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gemmintheruff December 22 2007, 15:42:14 UTC
I'd start with anything by Suze Orman. She is a great resource for financial stability and wisdom and really accessible if one is starting out. It's interesting that everything we'd been doing was confirmed by her when I read her articles. You can find a lot of them on finance.yahoo.com.

Paying off your house is definitely the best move one can make for being sure to retire, pay for kids' college, etc. because it frees up about half of one's annual income, making it available for serious investment. There are investment vehicles out there that guarantee to double your money in ten years. The only hitch is that if it doesn't double in ten, they pay you double over twenty. So far, ours has been doubling in about three. We can then restart the deal when we reach the balance we want to see.

If you need the name of a good financial planner/CPA, let me know. Mine's fabulous, and though in NH, he's part of a great network.

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