We recently sold our home and moved to a city with a lower cost of living. After paying off all debt, excluding mortgage, we'll have $75k to reinvest. I want to purchase a duplex and keep some cash available for emergencies. My husband does not want the headache of being a landlord, but I feel that real estate is our best investment (it was my convincing him to buy our last home that netted us $174k...Men!) I'm presently not working, but will probably start a job around the first of the year, and my income will be "gravy."
Presently, the money is in a savings acct. earning 5.05% Any suggestions? Neither of us has a retirement plan per se, and don't want to rely on social security in the future.
2006-10-12
04:18:36
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5 answers
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asked by
Le_Roche
6
in
Personal Finance