Join Early Retirement Today
Thread Tools Display Modes
Old 11-10-2007, 07:56 AM   #21
Thinks s/he gets paid by the post
Spanky's Avatar
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,455
Originally Posted by bigla View Post
and he and his wife got about 45k in wedding presents. They asked advice about what to do with their money. They both earn a nice income, my DIL has regularly been saving for retirement (she's 30) and my son (age35) who just started earning some real $ is starting to put away for retirement.
Given the craziness of the market now should they:
1. Put 45k to their 6.25% mortgage
2. Put it into some short term CD's and see if the market settles down
3. Put it into the market now.
If into the market, the bulk of it would be in taxable accounts.
Your thoughts will be appreciated.
Wow! nice gift. Invest the money per asset allocation plan, if any.
Spanky is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 11-10-2007, 09:58 AM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
RunningBum's Avatar
Join Date: Jun 2007
Posts: 13,153
If they plan to have kids, keep some of it in short-term investments and put it in a 529 when the first is born.
RunningBum is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Need suggestions for my son Tiger FIRE and Money 12 07-02-2007 09:16 AM
For currently married MEN only. MUST be married for at least 10 years. Sam Other topics 33 01-08-2007 02:24 PM
Son of the Obesity Thread brewer12345 Other topics 3 10-11-2006 01:45 PM
Like Father Like Son??? Honkie Young Dreamers 5 10-05-2005 06:14 AM
My son said his first word cute fuzzy bunny Other topics 23 07-06-2005 04:12 PM

» Quick Links

All times are GMT -6. The time now is 04:10 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.