Investment Advice

alienmisprint

The Kid

Interesting,,,, sorry if I missed this but what age will you be when you retire from the service? 38?? edit does your mos offer re-enlistment bonuses?? also what happens if you take the 30k and discharge/seperate before retirement

alienmisprint

The Kid

alienmisprint

I'm looking more at the possibility of making 12k a year, so about a 60k return over a 5 year period vs. 30k. On top of that, in the very long term, it is something I would be able to either a) sell when we reach full retirement and live life very well for our last few years, or b) leave to my children. Something that is guaranteed to make me money for the rest of my life, basically, vs. an extra $433 a month for 24 years. The main factor to me is the guaranteed $433 versus the possible $1k a month. Is the risk worth it? Like I said, I am comfortable with receiving $433 less a month on my retirement pay, as I am pretty confident I can get a house with a mortgage well enough under $1700 to have my retirement cover the mortgage and utilities at a minimum.

The Kid

k, I may be confused,, are you saying that dropping 30k in a mutual fund for 5 years will net 60k? one more thing? does accepting the 30k disqualify you for any early out programs/offers that may be offered as you get closer to retirement?

alienmisprint

perkinke

I'm not a money guy, but work on the outer edges of economic development. Have you checked the current retail space availability and the population/economic growth projections? In my town residential real estate is a great investment but commercial at the moment is still pretty depressed with lots of vacancies (partly because the owners won't reduce rent to match the market) and isn't expected to pick up soon.

alienmisprint

I haven't done any research into the actual numbers; however, it is a booming military town. It is the town that supports Fort Hood, the largest Army base in the country. The town is currently growing, new houses being built at a crazy rate, new strip malls going up, restaurants, etc. I feel pretty confidant that there is plenty of commerce to support it.

Gray4lines

Gray4lines

SleevePlz

Are you taking into consideration the payment on the 200-300K loan you are taking out for the property or is the 12K per year on top of the loan payment?

alienmisprint

clearlysuspect

raisindot

alienmisprint

Krieg

Honestly, I would hire an proven Financial Advisor and CPA. All bases covered at that point.

jthanatos

Krieg:

Honestly, I would hire an proven Financial Advisor and CPA. All bases covered at that point.

This is probably the best advice. When dealing with so many variables and such a long term investment plan, paying a professional to help fully define the risks seems like a good idea.

jgibv

pross