Comments on: How to Invest $1 Million Dollars in Today’s Market (Without Blowing It)

By: Jeff Rose, CFP®

Jeff Rose, CFP® — Mon, 21 Mar 2022 20:23:03 +0000

In reply to Brittany. Thanks for commenting!

By: Brittany

Brittany — Mon, 13 Sep 2021 18:07:52 +0000

There is no world where I would take financial advise from someone who thinks giving 10% of that money to a church is a smart financial decision. What an absolute joke lmao

By: James newton

James newton — Thu, 14 Sep 2017 01:27:27 +0000

In reply to dale dehavilland. Most if them actually started with nothing... lol

By: Jeff Rose

Jeff Rose — Fri, 25 Aug 2017 16:15:19 +0000

In reply to dean miller. Hi Dean - That's another idea, but it's more specialized. Also, if rates are in the 10% range, they're subprime loans, and those are a lot more risky. I wouldn't recommend something that high risk.

By: dean miller

dean miller — Sat, 12 Aug 2017 22:35:56 +0000

Why dont you mention putting it into first and 2nd mortgages and real off and easy 10 per cent on your money.

By: Memoneister

Memoneister — Tue, 08 Aug 2017 07:17:36 +0000

In reply to Jeff Hilton. We believe we are saved by Grace through Faith Jeff H. but according to James 2:14-26 "Faith without works is Dead". Christians are not saved by good works but it should manifest automatically out of us since we are in Christ & the Holy Spirit is working in us. The church is the only agency on earth which God uses for the advancement of His kingdom and to call out the lost sheep.

By: Memoneister

Memoneister — Tue, 08 Aug 2017 06:49:05 +0000

Excellent post…I love your advice on tithing, very few people will suggest that.

A lot of people will not agree but let’s look at it in a different scenario. Someone wins $100 & gave the 10% or more to the church, people will be like that’s ok but obviously the more zeros added all the more our finite minds will tend to resist without realizing that the same percentage is given. This is called “Proportionate Giving”, hence Jesus said in Luke 21: 1-4

1 Jesus looked up and saw the rich putting their gifts into the offering box, 2 and he saw a poor widow put in two small copper coins. 3 And he said, “Truly, I tell you, this poor widow has put in more than all of them. 4 For they all contributed out of their abundance, but she out of her poverty put in all she had to live on.”

Grace to you all…

By: Jeff Rose

Jeff Rose — Tue, 27 Dec 2016 00:50:23 +0000

In reply to DividendMonkey. That's a good strategy DM. In addition to the fact that paying off the mortgage will free up $700 per month for savings and investing. Not to mention the peace of mind that comes from living in a debt-free home.

By: DividendMonkey

DividendMonkey — Thu, 22 Dec 2016 17:16:00 +0000

I would prefer to pay off all debts, including my house. If you have a $700 mortgage payment and it is gone, than that would reduce the emergency fund needs by $16,800 for a 24 month emergency fund. So I would pay it off. At least that is what I plan to do.
Thank you for the article,
DM

By: Jeff Rose

Jeff Rose — Tue, 20 Dec 2016 01:24:29 +0000

In reply to Paul. Good points Paul. I'd also like to add that if we assume that any charity or church we give to is corrupt, it justifies not ever giving. That's going too far in the other direction. We should give in good faith, and leave it between God and the recipient as to where it goes from there.