im 26, have about 180k in home equity ( i have 3 properts) and im about to sell the houses to see if
can make the move to florida...but im going to start working overtime to start buying more stocks, socking some more $ away..besides sharebuilder, and my 401k, i want to particiapte in some mutual funds...any suggestions? Im female and do not plan on having childre for about 7 more yers. I am single anyways for now. I want to see what your suggestions are for the highest return on my funds.or any other suggestion on how i should invest my money. I dont like accounts with fees, except the fees that are built into the funds. i want to improve my financial life.Thanks
for your help,,oh and i have no credit card debt. give me your best investing advise
2006-06-30 04:04:33 · 3 answers · asked by caterin 1 in Business & Finance ➔ Investing
p.s im done with real estate,except for a few here and there fixer uppers, but im done with being a landlord
2006-06-30 04:24:26 · update #1
Sounds like you've made some smart moves.
Depending on where your properties are, they are likely going to see an uptick in rental income over the short to medium term. This is an effect of rising interest rates: As mortgage rates go up, people can't afford to buy homes, which puts pressure on the rental market driving up rents. The Fed raised another 1/4 point yesterday, which will drive up mortgage rates.
If you are set on restructuring your investment portfolio into equities, you can do that on your own cheaply and easily by using ETrade, or Schwab. In addition to the fees a fund charges, look at the investment strategy of the fund, and the summary of holdings. Also research the fund manager and the stability of that leadership position in the fund.
Good luck
2006-06-30 05:27:06 · answer #1 · answered by odu83 7 · 0⤊ 0⤋
It sounds to me like you're already recuperating your monetary existence day after day. do exactly not get taken in my a spouse. keep each little thing on your own call for the first various years of a courting until eventually you're certain that is going to very last. good success on your existence! It feels like you're properly on your way.
2016-11-30 01:13:09 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Just a short answer:
Try to go on with real estate.
Good luck.
2006-06-30 04:08:54 · answer #3 · answered by virgo77 4 · 0⤊ 0⤋