If you had an additional $500 monthly... - Personal Finance -debt, loans, credit cards, banks, insurance... - Page 2 - City-Data Forum

Sreysrey · 10-09-2017, 02:16 AM

1. Put into IUL
2. Look for a store to lease
3. Save up

goodlife36 · 10-09-2017, 08:07 AM

I would just save it.

Javawood · 10-09-2017, 11:29 AM

Roth. Though based on the question in the OP, house. I max my Roth at the beginning of the year so it's not even an option.

49erfan916 · 10-09-2017, 11:13 PM

Thanks, guys! I've decided to put it in a ROTH IRA. I think my ROI will outweigh my appreciation of my home. And even though having a paid off home would be badass, I think having a few hundred grand would be bad ass also.

galaxyhi · 10-10-2017, 01:30 AM

Quote:

Originally Posted by 49erfan916

Thanks, guys! I've decided to put it in a ROTH IRA. I think my ROI will outweigh my appreciation of my home. And even though having a paid off home would be badass, I think having a few hundred grand would be bad ass also.

That's what I'd do OP. You're right having extra money and a paid for house at retirement is great.

Of course, you could send it my way, if you'd like

49erfan916 · 10-10-2017, 06:22 AM

Quote:

Originally Posted by galaxyhi

That's what I'd do OP. You're right having extra money and a paid for house at retirement is great.

Of course, you could send it my way, if you'd like

I'll tell you what! If/when I become a millionaire, I'll pass some your way!!!

galaxyhi · 10-10-2017, 09:19 AM

Quote:

Originally Posted by 49erfan916

I'll tell you what! If/when I become a millionaire, I'll pass some your way!!!

Ah, shucks, Thanks!

But I'll probably be dead by then.....

Lol...

ContraPagan · 10-10-2017, 09:22 AM

Toss it all into savings, as I have no debt other than household monthly bills.

49erfan916 · 10-10-2017, 10:24 PM

Quote:

Originally Posted by galaxyhi

Ah, shucks, Thanks!

But I'll probably be dead by then.....

Lol...

Yo. I have other assets!