I am 46, single, no kids. I am a health care professional. I feel that I'm generally a very good saver and a not so good budgeter - hence the credit card debt payoff I worked through in 2020.I was able to transfer the funds from the sale of my condo to my new brokerage account just in time to invest before the end of the 3rd quarter. The proceeds ended up being just 5% of my total investments so I played with the investments just a little rather than sticking to my usual index funds. I still selected an index fund, but not the total domestic stock and total international stock index funds I'm currently invested in for my IRA.
After living in my condo for 15 years, it's interesting that my equity was such a small amount of my net worth, when I always read that most people's net worth is largely tied up with their home. I'm not anxious to own again, and I've done much better selecting mutual fund investments that investing in my home. That's not to say that I'll never own again, but I always been told that renting was throwing away money. I don't have that perspective now.
October 1st, 2021 at 02:46 am 1633056382