You should at least try to maximize your cash which is not doing anything to repay the mortgage interest and even the loan. Also keep 30% of the cash as emergency funds and take a diversified portfolio of stocks and bonds. In that way, you are sheltered from any tail risk market movement
Quote:
Originally Posted by Unregistered
Age: 44, married with 3 teens.
Salary: $215k basic
Cash: 650k
Insurance policies cash value : $150k
Dividends: approx $300k per year (co-owner of business)
Assets: one semi-D ($4.2m valuation), cars ($460k mkt value)
Job: Entrepreneur
Experience: 19 yrs
Debt: about $1.5m (mortgage)
What should I do ? Considering stocks, overseas properties, bonds etc AND...retirement in 3 years hopefully.
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