Financial advisers? - Page 2 - Homesteading Today
You are Unregistered, please register to use all of the features of Homesteading Today!    
Homesteading Today

Go Back   Homesteading Today > General Homesteading Forums > Homesteading Questions


Like Tree17Likes

Reply
 
LinkBack Thread Tools Rate Thread
  #21  
Old 12/05/12, 04:12 PM
 
Join Date: Aug 2008
Location: Indiana, USA
Posts: 12,673
DM uses Edward Jones Co. for her retirement (she been retired 25 years) finances and could not be happier. I now have a small account with them, does does very well.

That said, financial advisors usually don't and should really not do, the homework you are looking for.

You and your DW should be doing it, IMO. Even Donald Trump surely knows (and understands) what his financial teams are up to, even if he is not doing the work himself.

Calculate up what the monthly payments on any loan amount, based on what percentage rate you can get. Pretty easy.

figure how much down payment you need. Check tax records on a property to give an idea on what you'll pay ( 2nd homes usually usually cost more in taxes, as they don't qualify for homesteaders exemption)

Call the utilities for past usages estimates, on a property.

You need to determine how much house yo can afford - you're making the payments, not the lender

Estimate if the property might need major fix ups or just a coat of paint. Big difference in money and time. Shjop Lowes etc., to see how much a new bathroom will cost.

Do your own legwork, that way you'll really know what going on.

Good luck
countryfied2011 likes this.

Last edited by plowjockey; 12/05/12 at 04:17 PM.
Reply With Quote
Reply




Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
How long..Financial transaction tax for 10 EU states TNHermit Current Events 1 10/24/12 03:26 PM
Shades of Bernanke Europe plans single financial supervisor TNHermit Current Events 0 06/28/12 10:31 PM
Financial Sector Layoffs In Next Few Days Will Rival Those of 20 TNHermit Current Events 0 05/01/12 07:40 PM
Are we headed for another depression? mpillow Countryside Families 41 01/12/08 10:32 AM


All times are GMT -5. The time now is 05:55 AM.
Contact Us - Homesteading Today - Archive - Privacy Statement - Top - ©Carbon Media Group Agriculture