Layout:
Home > winds of doubt

winds of doubt

October 7th, 2007 at 02:36 am

Friday
Saving log - 3$ tip box
Spending log - 1.84$ coffee, milk + 7$ curry

I put $3 in my tip box for a later deposit, and deposited the $95,000 check in the bank. The $3 transaction was more satisfying to me as the $95,000 one. The 3$ transaction was all due to me, the $95,000 was the result of a long road. The proceeds of dad's estate are still unreal to me, as is now my new net worth. What to do with all that money? It would seem that I have an amount to do something good with, but definitely not enough to do nothing with. My ship has come in, all right, but its green sails are still powered by the winds of doubt.

Sister and her partner seem to have a plan for some of sister's share - they are interested in fixing up the farmette and using it as a weekend getaway. I was surprised to find out that sister's partner was especially happy with that, telling me that she found that she can really relax at the farmette. Sister's partner especially surprised me in telling me that sister is the frugal one, the one who trying to curb things, saying "we can't afford that" to projects, and not do everything at once.

But as for me, I'm not so interested in starting a business, have no kids to put through college, no strong desire to pursue holidays, toys, or hobbies. Retirement awaits, sure, but should everything have a 25 year time horizon? And if you don't have a habit for spending, you'll probably save and save and save even when you get into your 60s, all to create even more money for non-existant heirs.

2 Responses to “winds of doubt”

  1. katwoman Says:
    1191786950

    Oh no, I ain't buying it. Heirs or no heirs, there's always a reason keep that money safe.

    You do like to travel, right? Now, I'm not saying you go blow all that money on travelling as I'm saying you invest it to give yourself a travelling fund. Look into buying shares of ACAS as a long term investment.

  2. baselle Says:
    1191803863

    Nice thoughts, katwoman. I'll keep it safe. No great project has appeared upon the horizon. Better to save than manufacture an excuse to spend. Big Grin

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]