hi all
I was thinking of doing the 3 stock portfolio plan from Bogleheads with my money and just sticking to that with the majority of investing and then using a 'smaller amount' which is undefined yet to try other investments out or pursue other (Stock) investments. What do you guys do?
and thinking on 'financial freedom'.If no big hiccups I should have all these properties paid off by June 2018.. but realistically w this big house mortgage (currently $300k) I will not feel 'financially free'.. even if I reach my goal of $450k investing too. I need to do something about this mortgage. I also am thinking I need a year w this new property management company to feel good too. I also need to have a 'passionate goal or plan' and really do not have that (yet). My goal is to pay off all these properties and get the cash flow but then what
Working on all the above.. just posting..
Currently no plans to move from where I live now but just doing a quick check reveals several homes which are on the bike path (in other neighboring towns) with large lots, older homes with hardwood floors etc.. which I like and are less $$ than the house I live in now.. One even had a coach house which would be sortof fun and I would love to be on the bike path or nearer to downtown. The hsoue I have now ... though near the downtown of our town is NOT in the downtown and again the people are less friendly..
Investing questions and 'financial freedom date' thoughts
June 2nd, 2016 at 03:27 pm
June 3rd, 2016 at 03:07 am 1464923250
June 3rd, 2016 at 10:57 am 1464951463
June 3rd, 2016 at 11:00 am 1464951635
I'm not familiar with the 3-stock portfolio plan (sounds awfully undiversified). I've got a more conventional portfolio with about 60% in stock (US small/mid/large and international) and 34% in bonds (investment grade, high yield and international) as well as 6% cash (which I plan to increase in near-term future).
June 3rd, 2016 at 01:27 pm 1464960425
I never really wanted to live in a 'named subdivision' and this is a named subdivision. Although you can walk outside of the subdivision into neighborhoods I do not like it.
I think my main issue w this house is the neighborhood... that although very nice leaves me feeling a little isolated.
just thinking right now. there are costs to move and sell and fix up a new place.
June 3rd, 2016 at 01:33 pm 1464960798
Moving is such a pain, but if you can end up with a home that suits you better PLUS spend less on the new home, that's a win all the way around.
June 3rd, 2016 at 02:39 pm 1464964789