Not that I'm actually going to take financial advice from strangers on the Internet, but I have a really good question for you today.
The ear doctor and I have been AGONIZING over this. Well, actually, the ear doctor is very cool, collected and normal about this while I am o-b-s-e-s-s-i-n-g.
Should we continue our fully 401k contribution or save up every penny to try to buy a house this year.
On the one hand, shares have never been cheaper to pick up. In my (probably faulty) reasoning, if we get these babies cheap now they should be worth a lot in the future, right? Also, I always hear that every dollar contributed before the age of 30 is worth like 10 dollars contributed after 30 (or something like that).
On the other, Pres Obama is dangling a $8,000 dollar carrot out in front of my outstretched grubby little fingertips. I mean, how can I not at least TRY to buy a house when he's offering to throw that kind of cash into the pot?!?!?
How on earth is a normal person supposed to make this kind of decision?!?!?