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re: Need advice

Posted on 6/18/15 at 10:53 am to
Posted by STLhog
Nashville, TN
Member since Jan 2015
17739 posts
Posted on 6/18/15 at 10:53 am to
Damn dude. You're doing really well.

What field do you work in if you don't mind asking?

And make the move. Phoenix is hot as balls, but not in the NOLA/South way. Most people I know love it there.

As others have said, you need to be doing more with that 105k after you make a DP. That's a lot to have just sitting earning nothing. Are you at least getting 1% off of it?
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 6/18/15 at 10:57 am to
Thanks, I am a DoD contractor, engineer. And finance illiterate.
Posted by NoSaint
Member since Jun 2011
11346 posts
Posted on 6/18/15 at 11:00 am to
invest some of that 105K in a financial advisor or some classes, or good reading material.

i know it sounds smug but you have GREAT money coming in and need to know how to optimize your situation. sitting on 40k cash thats not doing anything for you is wasting a chunk of the benefits that come with a good salary.

and then you can pass on the good life lessons to the little one on the way.
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