Hello Sophisticated Spenders!
I was asked a very interesting question the other day.
Someone asked me:
How would you invest $10,000?
After the instant thought of shopping faded away, I pondered the question for a little while and figured out what I would really do.
Here’s what I should do:
I should throw every penny of it (after taxes of course) to the mortgage on my investment property.
Here’s what I want to do:
Shopping and travel.
Here’s what I want other people to think I did:
Bought a few awesome stocks and turned that $10,000 into $20,000!
Here’s what I’d actually do:
I would most likely put $5,000 on that mortgage, $2,500 in savings and $2,500 would probably disappear into thin air (has that ever happened to you too?).
So now I turn the mic to you!
What would you do with an extra $10,000?