Post by ProfessorArtNerd on Dec 22, 2014 7:04:17 GMT -5
If this happened like RIGHT NOW, I'd take Lucy to Disney as a sort of babymoon/last-only-child-hurrah, and save the rest and not feel pressured to teach this summer.
I'm thinking relatively hypothetically. We are preparing for a MAJOR move (to somewhere much higher COL), and H and I will be living apart/carrying double living expenses indefinitely. And my SLs are enough that this amount of money wouldn't even really put a dent. We (FINALLY) have relatively little other debt. Any money is going in the bank indefinitely. But I'm trying to also be a little proactive, too.
Dividend Reinvestment Plan.
If there's a stock you know you'll want to hold long term, some have the option of direct purchase through the company in the form of a DRIP. Rather than having dividends paid out, they are reinvested. More growth, and practically no fees. You can elect to have dividends reinvested with most (really, all) brokers, but there's also something to be said for working directly with the company issuing.
Do a few things we need to do to the kitchen. Its small so that wouldn't use it all. And then save some and payoff whats left on my little credit card.. I need someone to gift me $15k. sigh.