Help me, please.
I have this nagging feeling that this might be an opportune time to make some moves that could serve me well in 7-1x years or so. Problem is, I'm not sure what, if anything, I should do about it.
Again, I'm fairly new to the forum, though I've been reading for quite awhile. My wife and I are in our early 40s, late 30s. We LBYM, have relatively secure jobs, and earn enough that we have some spending options.
This is mainly directed to those who are retired already (I posted in this forum, however, because I thought it a question of interest to other YDs), but I'm interested in everyone's thoughts.
Assuming you are in an accumulation phase right now and had some financial flexibility to take advantage of deals you see in the marketplace, where would you put your money in hopes of seeing significant gains in the next 7-1x years?
* Equities?
* Bonds?
* Buy up to a larger home?
* Make improvements to your current home and/or pay off your current home quicker?
* Bury all extra cash in the back yard?
* Go out to eat every night and purchase lots of items you don't need so as to help the economy?
* Other?
* All of the above?
Or, am I way off track in seeing the current situation as a potential opportunity?
I have this nagging feeling that this might be an opportune time to make some moves that could serve me well in 7-1x years or so. Problem is, I'm not sure what, if anything, I should do about it.
Again, I'm fairly new to the forum, though I've been reading for quite awhile. My wife and I are in our early 40s, late 30s. We LBYM, have relatively secure jobs, and earn enough that we have some spending options.
This is mainly directed to those who are retired already (I posted in this forum, however, because I thought it a question of interest to other YDs), but I'm interested in everyone's thoughts.
Assuming you are in an accumulation phase right now and had some financial flexibility to take advantage of deals you see in the marketplace, where would you put your money in hopes of seeing significant gains in the next 7-1x years?
* Equities?
* Bonds?
* Buy up to a larger home?
* Make improvements to your current home and/or pay off your current home quicker?
* Bury all extra cash in the back yard?
* Go out to eat every night and purchase lots of items you don't need so as to help the economy?
* Other?
* All of the above?
Or, am I way off track in seeing the current situation as a potential opportunity?