MuzikLvr
Dryer sheet wannabe
Posted previously in wrong thread.
Hello all.
Situation: tax-free VA COMPENSATION. no other income.
How to invest for continued retirement with already tax-free money.
Monthly disability: $2769 tax-free
1. Primary GA home, modified $120k @2%, pmt $593.00 piti. 6/30 yr mtg.
2. a) AL Rental,$71k @ 5.25%, mtg $688, rents $787 (sec.8) 10/30 yr. Mtg. Equity approx.$25k - $45k range.
b) HELOC $18K/$30k @5% pmt.$269
Sav. $600.00
Stocks: $700.00
Small limits credit cards (5) $3750. Total limits to be paid off in June.
Irs debt from previous business: $150. Month. Once c/c paid off, increase amt. To pay off by June 2013. $7300.00
No car....on purpose. Lol
Confused about investing tax-free money for a tax-free investment.
How to generate investments and additional cashflow through stocks, bonds, eft, etc.?
Ultimate goal, due to my health, I want to live 1/2 - 3/4 of the year in warm climate such as Dominican Republic, Panama, Ecuador or Belize which offers expats with retirement pensions visas to live there. Cost of living is about around $1k a month inclusive. I've already changed my mind to live on less and I really enjoy it.
Looking to do better.[/QUOTE]
Hello all.
Situation: tax-free VA COMPENSATION. no other income.
How to invest for continued retirement with already tax-free money.
Monthly disability: $2769 tax-free
1. Primary GA home, modified $120k @2%, pmt $593.00 piti. 6/30 yr mtg.
2. a) AL Rental,$71k @ 5.25%, mtg $688, rents $787 (sec.8) 10/30 yr. Mtg. Equity approx.$25k - $45k range.
b) HELOC $18K/$30k @5% pmt.$269
Sav. $600.00
Stocks: $700.00
Small limits credit cards (5) $3750. Total limits to be paid off in June.
Irs debt from previous business: $150. Month. Once c/c paid off, increase amt. To pay off by June 2013. $7300.00
No car....on purpose. Lol
Confused about investing tax-free money for a tax-free investment.
How to generate investments and additional cashflow through stocks, bonds, eft, etc.?
Ultimate goal, due to my health, I want to live 1/2 - 3/4 of the year in warm climate such as Dominican Republic, Panama, Ecuador or Belize which offers expats with retirement pensions visas to live there. Cost of living is about around $1k a month inclusive. I've already changed my mind to live on less and I really enjoy it.
Looking to do better.[/QUOTE]