Financial Planning
A few weeks ago (before our plans for moving were completely screwed up changed) we saw a financial planner. After the sale of our house we have a reasonable amount of cash currently sitting in a fairly high interest account. Since we don’t envisage settling anywhere long enough to be worth buying a house in the near future (now it appears at least five years) we thought we might do something constructive with it.
Being a small town, I knew the financial planner, by reputation if not in person. So I was a little sceptical. She has, however, come up with a solution that I think I can live with (being very risk adverse), AND a few ideas that should end up saving us $10k - $15k a year. Which is huge when you think about it.
Being the increadible conservative I am, I have checked out everything she said, and I will be seeing the accountant this afternoon to ensure that it’s all correct, before we make any moves. But, within a couple of weeks we’ll be “investors”. Which is a little scary considering what the market is doing right now. Or we might be getting a bargain. I guess that’s part of the whole risk thing she keeps talking about.
And now to figure out what to do with all the money she’s saving for us. Maybe a holiday somewhere….
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Sounds good Kin!! Especially the holiday bit!!
You gonna share all your secrets with us?????
$10-$15K a year is HUGE!!!!
I’m with you - have a very low risk threshold. Which is hilarious given I’m married to a farmer. We put a LOT of $$ at risk every year. But I just ignore all that.
You’re putting some into accounts to grow for your girls higher education? By the time they get to Uni they could each have quite a nest egg.