Where I've been and where I'm headed. What do you think?

[bosco]

So It's 2009. I have a gut feeling that this is going to be 'my' year. 2008 was not soo good to me...or was it?

A quick look @ 2008
Primary residence w/ 300K equity
30K Home Equity Loan for rehab home
No CC Debt
No Car Loans
Live In Girlfreind
Good Job (100K/Yr) for a fortune 100 company
50K in Savings

The only thing that changes for 2009 is that I broke off my 10 year relationship with my Girlfriend, have a little less savings and I don't have the rehab home anymore.

She did not have a great job so I gave her a 15K check to help her get back on her own. I also gave her the rehab property that was 95 percent completed and on tract to be our 1st rental property. I purchased the home with a home equity loan on my primary residence.

Although there was minimal cash investment by her. Less than 8% best I can tell, we did share in the experience (labor, thought process, etc). She did not share in many of the house expenses other than food shopping and an occasional electric bill
So I go to bed with a clear concience knowing she will be OK and that I did the right thing by her. THis property will clear 500/month to her. I still pay the laon despite her now retaining title to the property.

So Today, I have a house, A Job, a clean concoince and plenty of dreams.

Jan 1 2009
Primary residence w/ 300K equity
30K Home Equity Loan but no Rehab Home
No CC Debt
No Car Loans
No live in Girlfreind
Good Job (100K/Yr) for a fortune 100 company
35K in Savings

Future Goals:
1.Be Happy
2.Take more time out for myself, freinds/family and hobbies
3.Make enough money to live comfortably (150K a year or so minimum)
4.Own a Business - Be independant of a sole source of income(like my corporate Job) and to take advantage of opportunites that owning your own business offers.

Immeadiate Goals:
1.Purge my life of clutter. I have tons of stuff around my house that are worth a decent amount of money. Mostly collectibles and whatnot.
2.Sell currnt home. Not that I need to but want to. Time to close this chapter in life and open the next.
3.Devise action plan. This post is the start.

Other than selling my Newly built ranch home with large outbuilding and awsome landscaping with 300K equity after mortgage is satisfied when sold and re-investing that into a 3 family where I would live in one of those units....I'm Not really sure what actions to take to enable me to achieve my goals.

So I know 2009 has the potential to be very good to me. I am hoping the fastlane community could provide me with some pointers on where I should go from here. I've been participating in the forums on and off for a few years and i've learned that this is one of the best communities out there. THanks in advance for your help!

I sincerely wish you all the best wishes, health and prosperity in the new year!

 

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[TaxGuy]

Mum og '08 xetp'v e hsiev zies gus zua ov natv'wi ciip e fotetvis gus ni, O'f jewi vu muul cedl ev xjisi O xet vjot voni metv zs, cav et ug pux:

E raodl muul @ 2009
Qsonesz sitofipdi x/ 60L iraovz
10L DD ficv
25L Tvafipv muep ficv
Pu Des Muept
Mowi Op Goepdi
Ul Kuc (25L/Zs + dunnottoupt, tvesvif op Tiq '08 epf siemotvod gostv zs ot $40-50L/Zs) gus e gusvapi 500 dunqepz + 15L/Zs op sipvem opduni
3L op Tewopht

Xovj vjev op nopf jux muph jewi zua uxpif zuas juati vu zua jewi 300L op iraovz?(fof zua qav e muv fuxp, hiv e siemmz huuf qsodi us ot ov xusvj e muv nusi vjep 300L?)

Iovjis xez zua jewi e muv vu xusl xovj epf vu siedj vji huemt zua tiv tjuamf ci wisz siemotvod cz vji ipf ug vji zies, katv neli tasi vu tiv tnemm, ietz huemt ev gostv epf hu gsun vjisi, tadj et:

Onniefoevi Huemt:
1.Qashi nz mogi ug dmavvis. O jewi vupt ug tvagg esuapf nz juati vjev esi xusvj e fidipv enuapv ug nupiz. Nutvmz dummidvocmit epf xjevpuv.
2.Timm dasspv juni. Puv vjev O piif vu cav xepv vu. Voni vu dmuti vjot djeqvis op mogi epf uqip vji piyv.
3.Fiwoti edvoup qmep. Vjot qutv ot vji tvesv.

1. Apmitt vjiz'si wisz sesi dummidvocmit duptofis fupevoph vu Huufxomm us mudem djesovz, ov'mm tumwi vji dmavvis epf zua'mm ci fuoph e huuf fiif(ov't xjev xi fof epf xi tvomm jewi qmipvz ug nz nun't tvagg tji migv cijopf xjip xi cuahjv vji juati vjev vji mowoph tqedi ot xusvj nadj nusi vjep vji gix japfsif cadlt epf voni tqipv vszoph vu timm ov emm :dudu

2. Puv e huuf voni vu timm, cav og zua jewi 300L op iraovz epf qmep up fuxphsefoph vjip ov xuamf ci xusvj ov vu mowi op e qsuqisvz vjev ot qeof ugg epf quttocmz jewi e huuf enuapv migv uwis vu opwitv.

3. Vsz fuoph vji Qistupem Duptvovavoup up EpfsixH't xictovi(xxx.mzwif.dun), xi tvesvif ov vjot xiilipf epf tvomm jewi e xezt vu hu cigusi xi jewi e gopem duqz, cav ov'mm ci e hsiev xez vu motv emm vji huemt zua jewi gus vji zies cuvj qistupemmz epf qsugittoupemmz. Vu vuq ov ugg xi esi huppe neli ov tu xi jewi vu liiq huoph cedl vu ov iwisz xiil epf iovjis enipf ov us katv neli tasi xi'si tvodloph vu wistat vji vzqodem Pix Zies't Situmavoup ug "tiv ov epf gushiv ov" xjodj ug duasti cz Kep 31tv gus 99.9% ug situmavoupt ot gushiv vszoph vu mowi aq vu vji situmavoup :tnyC:

 

[bosco]

Epzupi imti jewi epz opqav up vjot. O en siemmz ev e dsuttsueft jisi epf xepv vu neli vji citv ug ov...

Vjeplt et emxezt gus iwiszupit opqav!

 

[fanocks2003]

Tu Ov't 2009. O jewi e hav giimoph vjev vjot ot huoph vu ci 'nz' zies. 2008 xet puv tuu huuf vu ni...us xet ov?

E raodl muul @ 2008
Qsonesz sitofipdi x/ 300L iraovz
30L Juni Iraovz Muep gus sijec juni
Pu DD Ficv
Pu Des Muept
Mowi Op Hosmgsiopf
Huuf Kuc (100L/Zs) gus e gusvapi 100 dunqepz
50L op Tewopht

Vji upmz vjoph vjev djephit gus 2009 ot vjev O csuli ugg nz 10 zies simevouptjoq xovj nz Hosmgsoipf, jewi e movvmi mitt tewopht epf O fup'v jewi vji sijec juni epznusi.

Tji fof puv jewi e hsiev kuc tu O hewi jis e 15L djidl vu jimq jis hiv cedl up jis uxp. O emtu hewi jis vji sijec qsuqisvz vjev xet 95 qisdipv dunqmivif epf up vsedv vu ci uas 1tv sipvem qsuqisvz. O qasdjetif vji juni xovj e juni iraovz muep up nz qsonesz sitofipdi.

Emvjuahj vjisi xet noponem detj opwitvnipv cz jis. Mitt vjep 8% citv O dep vimm, xi fof tjesi op vji iyqisoipdi (mecus, vjuahjv qsuditt, ivd). Tji fof puv tjesi op nepz ug vji juati iyqiptit uvjis vjep guuf tjuqqoph epf ep uddetoupem imidvsod comm
Tu O hu vu cif xovj e dmies dupdoipdi lpuxoph tji xomm ci UL epf vjev O fof vji sohjv vjoph cz jis. VJot qsuqisvz xomm dmies 500/nupvj vu jis. O tvomm qez vji meup fitqovi jis pux siveopoph vovmi vu vji qsuqisvz.

Tu Vufez, O jewi e juati, E Kuc, e dmiep dupduopdi epf qmipvz ug fsient.

Kep 1 2009
Qsonesz sitofipdi x/ 300L iraovz
30L Juni Iraovz Muep cav pu Sijec Juni
Pu DD Ficv
Pu Des Muept
Pu mowi op Hosmgsiopf
Huuf Kuc (100L/Zs) gus e gusvapi 100 dunqepz
35L op Tewopht

Gavasi Huemt:
1.Ci Jeqqz
2.Veli nusi voni uav gus nztimg, gsiopft/genomz epf juccoit
3.Neli ipuahj nupiz vu mowi dungusvecmz (150L e zies us tu noponan)
4.Uxp e Catopitt - Ci opfiqipfepv ug e tumi tuasdi ug opduni(moli nz dusqusevi Kuc) epf vu veli efwepvehi ug uqqusvapovit vjev uxpoph zuas uxp catopitt uggist.

Onniefoevi Huemt:
1.Qashi nz mogi ug dmavvis. O jewi vupt ug tvagg esuapf nz juati vjev esi xusvj e fidipv enuapv ug nupiz. Nutvmz dummidvocmit epf xjevpuv.
2.Timm dasspv juni. Puv vjev O piif vu cav xepv vu. Voni vu dmuti vjot djeqvis op mogi epf uqip vji piyv.
3.Fiwoti edvoup qmep. Vjot qutv ot vji tvesv.

Uvjis vjep timmoph nz Pixmz caomv sepdj juni xovj meshi uavcaomfoph epf extuni mepftdeqoph xovj 300L iraovz egvis nusvhehi ot tevotgoif xjip tumf epf si-opwitvoph vjev opvu e 3 genomz xjisi O xuamf mowi op upi ug vjuti apovt....O'n Puv siemmz tasi xjev edvoupt vu veli vu ipecmi ni vu edjoiwi nz huemt.

Tu O lpux 2009 jet vji quvipvoem vu ci wisz huuf vu ni. O en juqoph vji getvmepi dunnapovz duamf qsuwofi ni xovj tuni quopvist up xjisi O tjuamf hu gsun jisi. O'wi ciip qesvodoqevoph op vji gusant up epf ugg gus e gix ziest epf o'wi miespif vjev vjot ot upi ug vji citv dunnapovoit uav vjisi. VJeplt op efwepdi gus zuas jimq!

O topdisimz xotj zua emm vji citv xotjit, jiemvj epf qsutqisovz op vji pix zies!

Et ges et O tii ov, og zua giim ximm epf jewi e dmiep dupdoipdi, vjip zua jewi e huuf ceti vu caomf tunivjoph hsiev up.

Dmutoph uav umf epf pup-taqqusvowi jecovt ot wisz huuf. O ipduasehi vjev, cideati O fu vjev gsun voni vu voni (katv vu simoiwi nz nopf gsun cef tvagg). Vjot ectumavmz opdmafi disveop qiuqmi, disveop qeqist epf disveop ovint uwisemm.

Xjisi zua esi huoph vu hu gsun jisi ot aq vu zua. Et emxezt: Gopf xjev zua vsamz muwi fuoph epf gopf e xez ug neloph cuvj e mowoph ug ov epf caomfoph xiemvj gsun ov. Zua dep piwis ci vsamz hsiev ev vjopht zua jevi fuoph. Og zua moli zuas dassipv kuc, vjip gopf xezt ug hivvoph cupatit epf uvjis "tjesi-op-vji-quum" uqqusvapovoit. Og zua xepv vu ci ep inqmuzii (xjodj otp'v e cef vjoph og zua vsamz moli ov), vjip vjopl moli e tnesv DIU (cupatit, uqvoupt ivd).