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Command Post What is this?
Posted on Apr 16, 2015
SFC Network Engineer
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CAPT Stu Merrill
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The most important thing is not where you invest, but that you invest. Start young, make it a habit, allow it to compound...
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CAPT Stu Merrill
CAPT Stu Merrill
>1 y
Congrats on your dedicated 33% based on your current living and family conditions - very impressive!
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PO3 Account Management Specialist
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Edited >1 y ago
Investments
I'm a coordinator for Dave Ramsey's Financial Peace University. He continuously reiterates diversifying investments. For my 401K, I have 25% Small cap, 25% mid cap, 25% large cap, and 25% in international funds.

If you think your money doesn't amount to much, think again. compound interest is definitely your friend. Check out the picture from our FPU class below. $600 a month - or only $150 per week. Find a way to make it happen. Cut the lattes, cut the cigarettes, cut the cable (netflix is a great thing) etc... and fund your future...
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SGM Mikel Dawson
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One investment not to forget is land. There is only so much of it. I've bought land and sold it some years later and made a good profit. Just remember you need to invest money you DON'T need as this is a long term investment. What ever you invest in, it's not how much you invest at once, but how long you do. I'd watch out for stocks and such unless you can really watch that stuff.
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SGM Mikel Dawson Land can be a good investment. However, you have to be careful. If you buy the wrong piece of property, you could wind up with something you can't get rid of. My rule is: If I can live on the land, and it's accessible, or could be accessible in 10-15 years, then I'd consider it. If it's so remote that there's not going to be any chance of it ever being reachable in my lifetime, then I wouldn't.

Also, unless you can afford to pay cash outright, you're going to owe the bank - which means you will pay interest on that loan. So unless the land is increasing in value at an exceptional rate, or you can get the loan paid off quickly, you're going to need to do some serious math to figure out if the interest you're going to pay for the loan, is going to be less than what you stand to gain when you sell the land. If what you stand to gain isn't going to be more than a few % after you figure out the interest on the loan, I'd pass.
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SGM Mikel Dawson
SGM Mikel Dawson
>1 y
I've made two land investments. Sold one for twice what I paid for it. The other I've been offered half again as much as I paid. I'm sitting on the one. It's a long term investment. Bought it 25yrs ago, so like you say, one's got to be careful, but if done right can pay off.
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