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Started By
Message
What would you do?
Posted on 7/6/09 at 12:03 pm
Posted on 7/6/09 at 12:03 pm
Thanks for your help
This post was edited on 7/6/09 at 6:34 pm
7
Posted on 7/6/09 at 12:15 pm to Tigerz
Nope, sounds like you are in great shape to me.
Posted on 7/6/09 at 12:17 pm to Tigerz
braggart. 
This post was edited on 7/6/09 at 12:18 pm
Posted on 7/6/09 at 12:23 pm to Tigerz
Looks good to me.
For myself, that emergency fund seems kind of like a high number.
Might want to open a college savings plan of some kind for jr.
If I was in your shape, I would put a few hundred a month into one or two mutual funds just to have something else outside of your 401-k to allow to grow for use on big ticket items 10 to 20 years down the road.
For myself, that emergency fund seems kind of like a high number.
Might want to open a college savings plan of some kind for jr.
If I was in your shape, I would put a few hundred a month into one or two mutual funds just to have something else outside of your 401-k to allow to grow for use on big ticket items 10 to 20 years down the road.
Posted on 7/6/09 at 12:56 pm to Tigerz
things to add:
Savings for the kid's college (start a 529 for tax savings)
Roth IRA (or traditional IRA if your gross income is too high, to roll into a roth (I believe in 2010) when they do away with income limits.
Savings for the kid's college (start a 529 for tax savings)
Roth IRA (or traditional IRA if your gross income is too high, to roll into a roth (I believe in 2010) when they do away with income limits.
Posted on 7/6/09 at 1:08 pm to Tigerz
Tigerz, check out the following - Crown Financial. LINK
You are already at like Pathway 6 or something - but it can give you an option for where your future investments and resources can be put to use.
Just an option.
And kudos on your success and diligence to date!
You are already at like Pathway 6 or something - but it can give you an option for where your future investments and resources can be put to use.
Just an option.
And kudos on your success and diligence to date!
This post was edited on 7/6/09 at 1:09 pm
Posted on 7/6/09 at 3:20 pm to Tigerz
I'm answering your question in the OP and not trying to be anything but honest...I'd take that extra cash and put it towards having less income by letting your wife stay home and raise your kid(s)...thats me though...congrats on your financial success !
Posted on 7/6/09 at 3:34 pm to Tigerz
i would buy a boatload of Nigaz.
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