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Monday, March 10, 2008

Future

I've been feeling good lately, financially.  I don't make a 6 figure income (yet) but I'm starting to get wise with my money.  I started investing ... well, I have a higher interest savings account than my local bank.  When it gets large enough, I'm going into stocks and stuff.  But right now, I'm sowing seeds.

We've also looking at buying a place of our own, rather than rent.  History has shown it to be a good investment, except this year.  But, it's looking up.  Right now actually, is probably the best time to buy.  Interest rates are frozen, which sucks if you bought a home last year because now you're not making any money on it.  But, to buy a home right now is right, because the interest rates are frozen and it's got no where to go but up.  However, I'm in Salt Lake City and the market here is juuuust fine.

Right now, we're looking at buying a condo.  It's a nice start, but it doesn't accrue equity like a house.  Plus, you don't own any land and land is where the BIG money is.  But, right now, it's what we can afford for the area we want to live in.  So, we'll take the bad with the good.

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