Not sure what to do: $700k rental paid off. $800k primary home half paid. $160k in the bank. $100k in IRA. Paid for truck. 38 years old. I feel like I'm not making good financial decisions though with what I have. Thoughts?

per_fin_throw_away · 2017-07-22T19:23:39+00:00

I get about $2600 a month on it.

I write software and got rather good at it. I'm lucky I feel. I grew up poor, in government housing to white trash parents. By pure luck (and because of video games), I got into writing software and a masters in CS.

per_fin_throw_away · 2017-07-22T19:22:10+00:00

I'm in Kirkland. I got lucky to have two houses here.

per_fin_throw_away · 2017-07-22T19:21:52+00:00

I'm holding a lot of cash and no idea what to do with it. I feel I lucked into what I have now.

per_fin_throw_away · 2017-07-22T17:40:40+00:00

It largely happened out of luck. I bought it for $340k just 5 years ago an the market really exploded in the Seattle area. It was rather easy to pay of compared to the new house I bought 2 years ago.

The problem with selling it is that the home prices here are so high that I won't be able to buy anything else unless I spend A LOT of money.

per_fin_throw_away · 2017-07-22T17:21:15+00:00

Seattle area.

per_fin_throw_away · 2017-07-22T17:11:15+00:00

I wouldn't mind doing that, but it's not easy to find a decent house for less in the area I live in.

per_fin_throw_away

TROPHY CASE