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About to be completely debt free.
Posted on 12/5/20 at 2:54 pm
Posted on 12/5/20 at 2:54 pm
Looking to start a bridge account. Any recommendations who to work with, or do I just open a account on line with a broker?
This post was edited on 12/5/20 at 2:55 pm
2
Posted on 12/5/20 at 5:50 pm to LatinTiger30
I’ve accounts with Merrill Lynch and WellsTrade. Wells Trade’s website is much better. Easier to analyze the data and easier to make trades. The transactions seem to clear quicker too. No fees on stock and ETF trades.
Posted on 12/5/20 at 7:02 pm to LatinTiger30
how old are you?
so you have ZERO in investments now? no retirement accounts? no brokerage account? no real estate? do you invest? trade? What do you have?
This post was edited on 12/5/20 at 7:03 pm
Posted on 12/5/20 at 10:50 pm to Fat Bastard
He’s gonna buy tons of real estate bra.
Doing it right?
Doing it right?
This post was edited on 12/5/20 at 10:51 pm
Posted on 12/5/20 at 11:11 pm to Negatiger1986
Real estate is how you accumulate generational wealth. Facts are facts.
Posted on 12/6/20 at 2:43 pm to Fat Bastard
I’m 44 and you miss my point. I said I’m going to be completely debt free. Cars and houses are mine out right. I have $500k in investment.
Looking to open a bridge account to retire early and have money to live on before I can access my investments.
Looking to open a bridge account to retire early and have money to live on before I can access my investments.
This post was edited on 12/6/20 at 2:45 pm
Posted on 12/6/20 at 2:45 pm to MrJimBeam
I’m nervous about real estate due to COVID.
Posted on 12/6/20 at 4:36 pm to LatinTiger30
It’s too late now but I wouldn’t have put all my savings towards paying off the house early in life. That money would have grown exponentially in the stock market compared to the amount of interest you saved on the mortgage. But there’s deff worse things you could of done than paying off a mortgage. You can do the Roth conversion ladder to access retirement money early without penalty. Just google roth conversion ladder
This post was edited on 12/6/20 at 4:49 pm
Posted on 12/6/20 at 7:37 pm to tigersfan1989
For me, the security of owning my home outright outweighed what the stock market offered. Owning my own home gives me full control of my future. I also have plenty money in savings, have a 401k and Roth investment, with all the disposable income, I’m looking to invest it so I can retire at 60. That’s only 17 years away for me.
Posted on 12/6/20 at 9:10 pm to LatinTiger30
bridge accounts are not the same as retirement bridges. I was thinking of the former and you meant latter. fair enough. 
Posted on 12/6/20 at 9:11 pm to MrJimBeam
quote:
Real estate is how you accumulate generational wealth. Facts are facts.
great way no doubt or cash flowing businesses which real estate can be also.
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