Shipping 20080604
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- Tadpole
- Posts: 4542
- Joined: November 12th, 2004, 4:52 pm
Ranger Jim,Jim wrote:What are you going to do with all that money?
I plan on investing 70% of whatever is left after taxes into mutual funds. I've been planning on this for a long time, and over 20 years or so, the possible yearly return could be 6 or 7 figures if I play my cards right. I want my midlife years to go as smoothly as possible, especially when it comes time for me to start a family. Honestly, I just don't want to struggle to make ends meet. I've been blessed to have this opportunity, and I damn sure won't waste it.
I'm going to take $1,000 and put it into a checking account to keep in case of emergencies (car repairs, house maintenance, etc.) and I'll put whatever money is taken out back in so that I maintain an emergency fund at all times. I'm also going to start an IRA and put around $300 a month into it.
Whatever is left after all of that is going towards whatever purchases I want to make.
-DRM
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- Tadpole
- Posts: 4542
- Joined: November 12th, 2004, 4:52 pm
Holy Shit!DRM wrote:Ranger Jim,Jim wrote:What are you going to do with all that money?
I plan on investing 70% of whatever is left after taxes into mutual funds. I've been planning on this for a long time, and over 20 years or so, the possible yearly return could be 6 or 7 figures if I play my cards right. I want my midlife years to go as smoothly as possible, especially when it comes time for me to start a family. Honestly, I just don't want to struggle to make ends meet. I've been blessed to have this opportunity, and I damn sure won't waste it.
I'm going to take $1,000 and put it into a checking account to keep in case of emergencies (car repairs, house maintenance, etc.) and I'll put whatever money is taken out back in so that I maintain an emergency fund at all times. I'm also going to start an IRA and put around $300 a month into it.
Whatever is left after all of that is going towards whatever purchases I want to make.
-DRM
I just knocked out 25 and 1 for that.
312th LRS 1st CAV 89-91
RS 12-91
RI 4RTB 92-94
H Co.121(ABN)(LRS)04-PRESENT
WTC PRC 05-06
OIF 06-07
WTC PRC 07-2010
TF Wolf MUTC 2010-
"The lapdance is always better when the stripper is crying"
The trouble with Scotland is it's full of Scots!
RS 12-91
RI 4RTB 92-94
H Co.121(ABN)(LRS)04-PRESENT
WTC PRC 05-06
OIF 06-07
WTC PRC 07-2010
TF Wolf MUTC 2010-
"The lapdance is always better when the stripper is crying"
The trouble with Scotland is it's full of Scots!