Looking for some financial advice... - Page 2

Pilon · 11-20-2009, 04:30 PM

Series 7, insurance license, fee based financial planner with designations and a good reputation.

vankleekkw · 11-20-2009, 04:55 PM

Go with an investment planner unless you have the time to do it yourself. They can provide what the target IRR would be for each option. Then it is a decision on what makes you more money, the investments or not paying interest on debt. Just always remember that the higher the IRR target, the higher the risk.

cowboykilroy · 11-21-2009, 04:52 AM

Go to http://www.daveramsey.com/ learn what he is about ,then find one of his endorsed local providers for investing in your area.We have been following his plan for about 5 years, it has turned our life around. i was laid off for 9 months this year and was able to enjoy the time off because we were debt free except for the house.

forgop · 11-21-2009, 07:04 AM

Quote:

Originally Posted by cowboykilroy

Go to http://www.daveramsey.com/ learn what he is about ,then find one of his endorsed local providers for investing in your area.We have been following his plan for about 5 years, it has turned our life around. i was laid off for 9 months this year and was able to enjoy the time off because we were debt free except for the house.

I've followed Dave some and been through the class. I received money last year and put $10k in savings as my emergency fund and everyone on his message board disagreed with it saying $9k needed to go on my student loan. In a single earner household, the extra $ in the bank was more insurance should I lose my job. Sure enough, I lost it in July and it was much added security to ensure we wouldn't struggle to make ends meet while I was on unemployment.

I think he has some great ideas though.

11-20-2009, 04:30 PM	#1
Pilon Feelin' the Love Join Date: Aug 2009 First Name: Travis Location: Tiverton, RI Posts: 888 Trading: (49)	Re: Looking for some financial advice... Series 7, insurance license, fee based financial planner with designations and a good reputation.

11-20-2009, 04:55 PM	#2
vankleekkw Still Watching My Back Join Date: Nov 2008 First Name: Kris Location: Round Lake, IL Posts: 136 Trading: (3)	Re: Looking for some financial advice... Go with an investment planner unless you have the time to do it yourself. They can provide what the target IRR would be for each option. Then it is a decision on what makes you more money, the investments or not paying interest on debt. Just always remember that the higher the IRR target, the higher the risk.

11-21-2009, 04:52 AM	#3
cowboykilroy Just in from the Storm Join Date: Feb 2009 First Name: Dennis Location: New Albany IN. Posts: 4 Trading: (0)	Re: Looking for some financial advice... Go to http://www.daveramsey.com/ learn what he is about ,then find one of his endorsed local providers for investing in your area.We have been following his plan for about 5 years, it has turned our life around. i was laid off for 9 months this year and was able to enjoy the time off because we were debt free except for the house.