Thomas: I like starting with the dead line. And you've got a series of dead lines here. One is that four or one kay loan has to be repaid on time, right? There's a definite time line there. Second thing is, you've said that your move is in five years. If that is a concrete, immovable dead line, then there is a amount of money that you're going to need for your down payment at that time. So i think in this case, well, i love the fact that you've been maxing out your four o one cas with those specific dead lines. Those foundational pieces are laid into place. The next step is prioritize the thing
#368: Grace wants to buy a manufactured home for rental income. Should she calculate her returns differently for a manufactured home?
Alex is curious about cryptocurrency. How should she analyze the returns promised by different platforms and where can she go to learn more about crypto in general?
Thomas and his wife have parallel goals of saving for a down payment and contributing to retirement accounts. How should they balance both of these goals?
In today's episode, former financial planner Joe Saul-Sehy and I tackle these tough questions.
Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it here and we’ll answer them in a future episode.
Enjoy!
For more information, visit the show notes at https://affordanything.com/episode368
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