I broke even, YEAH!! (debt, interest, money, 401k)

[evilnewbie]

So my IRA's are finally on the plus side instead of the negative side which means I have as much money as I had originally put into it... my 401ks and personal investments are still in the negative... I know some of you have been in the positive side for a long time but I am just glad I have as much money as I had originally put into... My bills are steadily (and very slowly) going down... it should be paid off in 15 years and I don't even own a house

[pghquest]

Originally Posted by evilnewbie

So my IRA's are finally on the plus side instead of the negative side which means I have as much money as I had originally put into it... my 401ks and personal investments are still in the negative... I know some of you have been in the positive side for a long time but I am just glad I have as much money as I had originally put into... My bills are steadily (and very slowly) going down... it should be paid off in 15 years and I don't even own a house

Your bills will be paid off in 15 years? I'm almost afraid to ask what you bought if its not a home..

[sunsprit]

I'm with pghq above ... what could you have possibly bought that will still take 15 years to pay off that isn't a capital investment?

If all your investment program is doing is barely preserving your capital investment, then it's actually a net loss in view of inflation and loss of opportunity along the way.

Perhaps it would be better to be out of debt and the interest you're paying on that then to see your cash flow go nowhere on other things that aren't performing for you?