lbhsbz
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asking for a friend...
I would hang tight with it and put it to work buying some rental properties after the market takes a beating.
Dabbled and bought a few shares today.PGE stock
Same question. I sold some land and will have 200k in a few weeks. I was going to pay off the house, but maybe I'd be better off to buy some stock. Not sure what to do, a free and clear house sounds pretty good in uncertain times.
Save it. Be patient. Stuff will be on sale at steep discounts in the next few years.
I wouldn't jump into the stock market, unless it goes down 30-40%, which is probable.
Buy low and sell high.
Or the best thing is to payoff all debt
Rack storage units.Storage units
I would hang tight with it and put it to work buying some rental properties after the market takes a beating.
Same question. I sold some land and will have 200k in a few weeks. I was going to pay off the house, but maybe I'd be better off to buy some stock. Not sure what to do, a free and clear house sounds pretty good in uncertain times.
2-4 unit rental properties
He'll no! Once my house is paid for it will always be paid for.Pay off your house....
here's your answer...
let's say, just for speaking...
if your Home was paid off completely.
would you refi, withdraw $200k to invest in the stock market??
2-4 unit rental properties
This.
Plenty of places, even in CA.Where can you find those for 300?
Where can you find those for 300?
$300K is a down payment. The rental income on 4 units should cover the monthly and the tax write offs won't hurt.Where can you find those for 300?
With current California socialistic government policies, residential income producing rental real estate would be one of the last things I'd invest in at this time....
I believe ING still has their Orange account that yields 3% for 6 months.
rather
What is your long term plan? Do you want to start your own gig or look for another job?
Paying off the house gives you a lot of options, assuming it doesn’t take your last dollar. Also, anytime you want to borrow, it’s there. Personally, I have a HELOC as my first mortgage. Instant cash for the deal you can’t pass up and reasonable interest rates. Took it out when I was close to paying off my first and wanted to do some remodeling.
I don't have a million dollars, only 300K.I’ll tell ya what I’d do... two chicks at the same time. Fuckin A
I would love to hear how you expect mgm to double from current levels IMO it’s overpriced as is.50 on the mgm stock double your money in 8 weeks
Where can you find those for 300?
I don't have a million dollars, only 300K.
Agree with the no California thought process. (Sad being born/raised here). Seemed tough before with the eviction process. The last month only made it worse.If I play with real estate...it will not be in CA.
Here's the situation. Got laid off on Friday, don't really see the Aftermarket auto parts industry (on the wholesale side) turning around any time soon so not sure when I'm gonna get back to work or what I'll be earning when it does happen...and I was given notice by my tenants yesterday that they're leaving at the end of June. I really don't want a new tenant with the economic uncertainty that exists right now, but the real estate market it still doing well, so I've decided to just sell the place. I've been out of it less than 2 years, so I can still avoid Cap. Gain taxes. Timing sort of worked out pretty well I guess.
Trying to figure out where to park the $$ for the time being, while not locking it away (no CDs) so if an opportunity arises, I can strike quick, but also wondering if there's anything that can get me better than 1.5% while staying fairly safe.