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Old 06-21-2007, 02:31 PM
Los Feliz Slim Los Feliz Slim is offline
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Join Date: Dec 2004
Posts: 6,067
Default Re: Your Biggest Jumps in Income

OP,

The first time I experienced a big jump/bonus I pissed it away and bought stuff. The next time and every time since, I've made the max contributions to my and my wife's IRA's and put away/invested the rest. Real estate still seems like a great long-term investment, but perhaps not in the 3-5 year range.

My first big jump enabled me to buy a house, the equity in and increase in value of which comprises a significant portion of my current net worth.
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