Home Forums Hunting & Shooting Hunter's Campfire Financially... where will you be in 6 months? 1 year?

Whenever we visited, my dad liked to pack the car with folks and give us a town tour...once he and mom had completed their final arrangements he took us by the cemetery to show off their plots. Their spots were separated from the retention pond by the cemetery access road.......he bragged how he was able to finally give mom that waterfront property she always wanted.

He was always thinking ahead.

Sounds like you made a good decision to move to the country B.

Depends upon Covid I guess. Biz is back to 2/3 to 3/4 of what it was since we were allowed to reopen.

Have already dipped into savings

We are sellers of r/e currently, one to raise cash, two I’m expecting re to suffer here at home 🤷🏻‍♂️ Could be wrong, we’ll see.

I’m not so worried where we will be as to where our kids will be. I feel fairly confident we’ve positioned ourselves to live comfortably over the next 20-25 years. Was hoping to do well enough to leave our kids something at the end of our days. But my main objective is seeing that their mom is provided for. Hope our preparations & prayers have been sufficient to do so.

Fixed income here, dollars come in steady. What those dollars buy is the big question. Savings is good and home paid for, we will be ok!

Optimistic you are this morning.

Not much hope for some things if The Donald does lose though I'm afraid.

I guess. We're only about 25 miles out of Lexington. This area was pretty hot when we moved in. But COVID and communists are pushing people into the country around here right now. That's good to an extent. But it's making it difficult to find a decent little rental property to use as an investment. I'm looking at one today that's $170K. It would have been $130K 3 years ago.

Busted flat in Baton Rouge.....

Lumber prices are way up around here, with OSB nearly triple was it was several months ago. Despite that, our local construction industry continues forward. Low interest rates and a healthy backlog of work is certainly helping us. Most believe we will be alright down here in the coming months.

I'm in the same shoes as stxhunter. But I have 3 child support payments left,so that'll be almost a grand back in my pocket. That will help a lot when things slow up. Hope nothing unforeseeable happens in the meantime.

Depends on who gets in. I don't see much change for my family .

The good news is if the democrats do manage to steal the election, and conservatives are too bigga pussies to hang the traitors in the streets, that the democrats are also being hurt by this shutdown, so they'll immediately claim their shut down policies have worked and will reopen the economy. At which time it will TAKE OFF because people are READY to get back to business. Then they will claim the booming economy is the result of their brilliant policies. Their continued stacking of federal offices with communists, importing foreigners, free handouts and elction fraud will ensure 100 years of democrat rule.

Remember where you read this.

hell, I'll always get buy, more than one way to make money.

Will be an interesting year for us[wife & I].
Business is still sitting at or just above 50% pre covid.

Rentals at our vacation house have finally started picking back up with Sep being being our best month so far.
Luckily we sold both beach condos last Dec, carrying those through winter and then again through spring[shutdown] would've made life tight between HOA's and taxes.

We have some big decisions to be made.
With the Real Estate market where it is, now seems like the time to sell our little piece of heaven-72 acres w/custom home and move on.
We've been looking hard all spring/summer at properties in Tenn which would only keep us 2-3 hours from our aging parents and son and his family.

RV parks are booming.

An interesting topic for me.

I have been IT since 1980 (before we called it IT). I have done well salary-wise but was married to a woman that controlled the check book and spent it all (my fault for letting it happen) and for the last 12 years have been paying nearly 40% of that ex-wife (long sad story). She passed away last month so my take home income has increased significantly. In the meantime my work has slowed down. I have a reasonable suspicion that I am been set up to be laid off in favor of younger less well paid folks. I can't be certain that is happening and my employer says "don't worry about it. Your work will pick after the Covid hysteria has passed." My customers have put most of their 'project work' on hold until then.

So I have been paying off all my debt as fast as possible. My only splurges so far are 2 new pairs of jeans and I paid a guy to tile my backslash. Once my debt has paid off in 1 or 2 more months I will start buying gold or silver I think. If I keep my job I will fully fund the 401k. Maybe buy a small piece of land as a bug out destination. So at 64+ years old I am hoping I can debt free before they lay me off. If I get laid off I may be able to do the same work (Healthcare IT Project Management) as a contractor but who really knows.

I have always been terrible with money. Time to get smarter and make the most of the opportunity I have been given.

But then there is the election... could change everything.

In 6 months, I think the nation will be suffering economically from the financial consequences of what all occurred because of this Coronavirus. I think the financial consequences would be worse under Biden than under Trump. In 12 months, I think the same as at 6 months. I think between now and then, there will be opportunities to make money in the stock market, especially for long-term investors, as there was last March.

Right now I’m semi retired. Drawing a retirement check and just started getting full social security last month. By this time next year hope to have house completely paid off and ready to totally retire. But may keep working so I can afford to rent a house in AK for at least a month and have family on at least one last great vacation

Same place I'm at every spring after feeding all winter.....BROKE

I have job security and I make enough to get by with a little on the side. I'm gonna prepare for the worst and hope for the best. But I might not even be alive tomorrow, so i try to plan for the future while enjoying the present.

I think I’ll be fine and if things continue, the wife’s new practice is coming along at a steady pace. As long as people can stay employed and keep insurance, the wife’s private practice should continue to grow. Now if more people lose their jobs and insurance, we could be in for a long winter here. It’s interesting times we live in for sure.