Today on the show, we took calls from: Linda about whether she should pay off her primary residence or retirement properties; Joe, who is 65 and his wife died, cahsed out all of his 401(k) money to pay off his house and wanted to know if that was a good idea; Scott, who thinks the house he and his new wife bought is too expensive and won’t appreciate over the next 10 years; Ruby, who is having her wages garnished for a debt she says she never incurred; John, whose primary income is from several rental properties and wants to sell one to diversify, cut the management time, and reduce his risk with that particular property; and from John, who just received a $180,000 inheritance and doesn’t know what to do.
We’ll post this show online next week (along with last week’s show and the two Clark Howard shows that I filled in on so you can hear them at www.thinkglink.com/radio.
If you haven’t subscribed to the newsletter, you can do so by going to the home page of www.thinkglink.com.
Also, you should subscribe to my YouTube channel: www.youtube.com/expertrealestatetips so you’ll be the first to see all of our new videos.
Check back to the ThinkGlink.com blog for details, show updates and interesting news and information relating to your finances.
Nov. 30, 2008.