Here's the Smartest Way to Spend Your $1,400 Stimulus Check - If it Passes!
"Those torn between rebuilding a dwindling or nonexistent savings balance and paying off credit card debt, should shore up their emergency reserve first."
"I love the passion, and anything that can democratize and get people in I’m happy with,” Hammel said. “But you need to understand that there is a difference between a good product, and a good company. And there’s also a difference between a good company, and getting the company at the right price.”
Also ask your CPA what it would take to consider your second home an investment property and what investment types would work for to lower income (oil and gas, opportunity zones the like). “Depending on how much of your income is passive, there may be different investments that would help more than others,” says Hammel.
“We get a lot of questions—every time the price pops,” notes Scott Hammel at Apeiron Planning in Dallas.