Quote:
Originally Posted by LaAngler
depends on the return of your investment vs your interest rates on your house loan, and payoff amount of course.
I would buy a slightly used 29 foot yellowfin with merc 350 verado X 2 
you only live once (as far as i know) |
I'm with ya here Bruce.
I work with money all day.
I have had many clients come into money ranging from 25k- 1.5 million.
It's just depends on Ur income and debt at the time.
Paying off Ur house may seem like a good idea ... BUT
if Ur mortgage isn't killin u it's is usually better to place Ur money in some kind of investment.
Never a risky one. Regardless of how much of a return is possible.
B smart.
Pay off short term debt. Credit cards, student loans etc.
Then buy that yellowfin and have fun!!!!! Lmao!!!
Seriously though I have seen people blow thru and inheritance like it's an INCOME.... Spend spend spend!!! U ain't gonna have much fun when Ur money runs out.... Ull look like a fool!