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re: If the average middle-class American
Posted on 9/14/18 at 4:51 pm to LSUengineer12
Posted on 9/14/18 at 4:51 pm to LSUengineer12
What should their move be?
Retire all debt
Sock away a year's worth of expenses in a rainy day fund.
Spent $10,000-$15,000 on a nice vacation.
Buy two new, sensible cars
Invest the rest in an index fund.
Most people would blow it though.
Retire all debt
Sock away a year's worth of expenses in a rainy day fund.
Spent $10,000-$15,000 on a nice vacation.
Buy two new, sensible cars
Invest the rest in an index fund.
Most people would blow it though.
2
Posted on 9/14/18 at 10:09 pm to LSUFanHouston
26 here.
Pay off wife's student loan debt
Put 20% down on a single family home <$200k (We're moving back to our hometown and settling down. Have always rented)
$100k into my side hustle that would 100% make it my full hustle
Small portion into college account for daughter
Would split the rest into some form of RE and Index Funds.
Pay off wife's student loan debt
Put 20% down on a single family home <$200k (We're moving back to our hometown and settling down. Have always rented)
$100k into my side hustle that would 100% make it my full hustle
Small portion into college account for daughter
Would split the rest into some form of RE and Index Funds.
This post was edited on 9/14/18 at 10:13 pm
Posted on 9/14/18 at 10:13 pm to LSUFanHouston
quote:
What should their move be?
depends on their age/situation
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