New investment goal this year and really pondering what I need to do to feel comfortable leaving this high paying high stress job and feeling able to choose a funner job (even if i went full time somewhere it would be great. full time would be like $100k). Right now I feel I need (or want) to earn as much as I can so really am doing $57 times 50 hours a week EVERY week which is approximately 140k a year. it is the most I have ever made but I am feelimgm stressed.. down and like I have no life and am tired .. and my speech is having a hard time keeping up.
Anyway I am pocketing as much money as I can each paycheck and investing. My goal was to have a $35k increase in investments this year. I have exceeded that already w investments going up and mostly deposits. New goal is to have $110k investments NOT INCLUDING my $15k rental emergency fund.. so to do that I have $27290 left to go for the year. I probably have almost $10k left to go w maxing out the 401k so I have that.. so that leaves $17k.... that will just have to be saving.. selling stuff. whatver
Also now that Dad's situation has calmed down. he is doing FANTASTIC at Silverado. love it there for him and me. I am thinking of how to pay off the 6 homes early next year. I will owe $119k after my December payment and $103k after the April 2016 payment. WHere do I get an extra $100k?
I am also considering the house. I have a house worth $510k w almost $170k equity. Do i really want this house long term? I do not know. It has an insanely large yard.. brick ranch though which is nice and the neighbors who moved in last year I do not like. not doing anything drastic but wondering if I moved to downtown Naperville (I live outside of downtown now) and got one of those mid sized homes w FRONT PORCH/hard wood which I love. I wonder if that will be less.. so if I could find one for $400k . I could put my equity in it $170k and only owe $230
Not doing anything big right now just thinking that realistically for me to feel at ease and have a smaller monthly nugget I need to reduce or eliminate the house payment OR cover it with pretty guaranteed income.
New goals for this year-investments