If you had 100K hypothetically

[catch.and.fillet]

I would prefer a balance between paying debts and investing for income and investing period. Pay $33,000 toward your highest interest loans (Credit card, car note, boat note, house note, probly in that order), put $33,000 in an investment that immediately pays something back (rental property balancing rent against note or a business), put balance in long term blue chips and bonds.

Only adjustment is to get those ccards, car notes, and boat notes paid off whatever the amount ASAP - those are depreciating assets.

[Ray]

I keep a zero balance on credit cards.
I just have 2 notes and a utilities/insurance bills.
Plus living expenses.

[cmdrost]

as you can see by this....everyone is different. We all have diff wants & needs financially. To the OP, you need to sit down and see whats important and what YOU want to do. Then go talk with a qualified professional. my 2 cents.

[swamp snorkler]

Drost, you have mail

[simplepeddler]

Dude seems like I have tried that already!!! LOL
I would like to know how much I have spent on adult beverage and mood altering substances over the years .............

[fishinpox]

Originally Posted by simplepeddler

Dude seems like I have tried that already!!! LOL
I would like to know how much I have spent on adult beverage and mood altering substances over the years .............

thats why i quit all that **** total waste of money!! now i spend all what used to be my beer money on fishing tackle!!!

[meaux fishing]

Originally Posted by fishinpox

thats why i quit all that **** total waste of money!! now i spend all what used to be my beer money on fishing tackle!!!

x2

[meaux fishing]

Originally Posted by simplepeddler

Dude seems like I have tried that already!!! LOL
I would like to know how much I have spent on adult beverage and mood altering substances over the years .............

I could have bought a couple of those Yellowfins Bruce was talking about and gas for em

[simplepeddler]

Well .....I am not sure it was a TOTAL WASTE of money.......
some memories are just flippin worth it!!!


Like last time,,,,,I was convinced we where lost at the corner of "Walk and DON't Walk"

lol

[coachlaw]

I'd pay off my casa and deck Blockade Runners out like no fishin' camp you've ever seen. Then I'd go on a trip to Anegada in the British Virgin Islands. Money's no good if you're not spending it. The way our government is printing it, you might be better off converting it to Euros right away.

[eman]

GOLD!

[Reel Bender]

Especially, after you consider how much that house cost you if you pay it off in 20-30 years.

Used to it was a tax advantage but not so much anymore. I could'nt deduct my interest so why pay the interest.

[simplepeddler]

Originally Posted by Reel Bender

Especially, after you consider how much that house cost you if you pay it off in 20-30 years.

Used to it was a tax advantage but not so much anymore. I could'nt deduct my interest so why pay the interest.

why can't you deduct interest?
An I missing something bender??

It's the only deduction I have