Brett (Caller)
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Appearances Over Time
Podcast Appearances
So how long is it going to take you to get this other 180?
I'm figuring probably at least three years.
Just because right now we've got that money parked in a money market account.
But we're only getting like half a percent right now.
And what we were thinking is if we did that for a couple of years and resell it, we would get more of a return on that money than what we will get over that course of time in the money market account.
Yeah, so I had gotten in a car accident about two years ago, and just now I'm finally receiving the settlement.
And instead of blowing it, I want to try to invest in it, invest with it, should I say.
After paying some debt off with it, I'll probably have like $20,000.
But my big question is, so I also owe on my car, and that's about $500 a month.
I owe about $10,000 a month.
So I'm wondering if I should take that $10,000 and invest it and make money off of that, or should I just pay my car off and get rid of debt in general?
But the problem is it's hard for me to save money in general.
Yes, I do have a lower back injury, so I'm kind of limited to work sometimes.
Yeah, so I'm thinking that I'm going to keep about half of it, keep it in the account just for days that I can't work, days I'm having to pay for some type of medical, and I'm thinking about keeping about 10 of it for either paying the car off or using it to invest.
And I was thinking about doing some investment in vending machines,
But, you know, doing it like new, I mean, I'm only going to get about one vending machine.
And, you know, if I'm lucky, making $600 a month off of that, you know.