in the introductory section, I've already given a background....so now here's the dilemna...
where do I put my money? (I'm willing to take moderate risks, and am looking to play it smart and minimize my capital gains taxation, in other words, hold on for 12+ months.)
I've maxed out my IRA for the year, and depending on what my AGI ends up at, I'll switch b/t a Roth and a traditional if I go over.
I'm putting money away into the SEP-IRA, BUT...
I need to be liquid. I have $15,000 in my ING account, but 2.2% seems pathetic. My personal plan is to buy real estate in 2006-7, as it is my belief that So Cal RE prices will become more reasonable/less insane. I want to do RE because it is already a budding family business and a legitimate interest of mine.
So...where do I put my money?
where do I put my money? (I'm willing to take moderate risks, and am looking to play it smart and minimize my capital gains taxation, in other words, hold on for 12+ months.)
I've maxed out my IRA for the year, and depending on what my AGI ends up at, I'll switch b/t a Roth and a traditional if I go over.
I'm putting money away into the SEP-IRA, BUT...
I need to be liquid. I have $15,000 in my ING account, but 2.2% seems pathetic. My personal plan is to buy real estate in 2006-7, as it is my belief that So Cal RE prices will become more reasonable/less insane. I want to do RE because it is already a budding family business and a legitimate interest of mine.
So...where do I put my money?