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That said, as long as the market cooperates, I hope to join you with a $1M portfolio. We're around $970,000 at the moment.
I want to pay down our HELOC. It is currently about 14K and we will probably draw another 7K next month for tuition. After that, I'm hoping we can pay at least $1,000/month on it if not more.
That's the main stuff on the front burner right now.
Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
Hitting half a mil in our taxable accounts. We should be at around 280k by year end of 2017. If some of my individual stocks ends up doing well, then I'm hoping for 600k-750k by end of 2018.
My goals aren't as exciting to write home about as some of yours but here they are:
1. Make at least $50,000 in 2018 (I'm self-employed so my earnings depend on my input);
2. Pay off 10% of our mortgage.
Your goals don't need to match my goals to be significant. As long as they are significant to you, that's all that matters.
How long have you had your mortgage? Paying off 10% of it in a year sounds big.
Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
Most importantly incur $0 in medical expenses
$100k in retirement accounts
Continue to pay all CCs in full monthly
Knock 6 extra payments off mortgage
Continue to fund children's 529 on target
End the year with more in taxable accounts then I started
Spend a bunch on vacations and making lifelong memories with my family
Your goals don't need to match my goals to be significant. As long as they are significant to you, that's all that matters.
How long have you had your mortgage? Paying off 10% of it in a year sounds big.
We got the mortgage this year. I need to be careful about penalties for paying off too much in the first 3 years. It would be smart for me to re-check the agreement to make sure I'm not fined.
Move to the US with daughter and husband (we need to pass the lottery interview first) and be able to support ourselves there in the first months. It would be pretty rough.
I havent really thought about financial goals yet.
We will begin paying mortgage on Jan 1...for the next 15 years.
Right now we have $786,000 in our accounts, retirement/savings/taxable. Unless market makes a correction which is very possible...would be nice to get above $900k by end of next year. Thats about all I can think of.
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