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Old 03-15-2005, 07:30 PM
edfurlong edfurlong is offline
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Join Date: Feb 2004
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Default Re: I\'m a trustafarian

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Long-term, I think it would make sense to first pay off any and all high-interest debt (and probably any other debt you have, but maybe not), and secondly make a down-payment on a house/apartment/whatever, if you don't already own your own place.

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To be honest I'm a little concerned that housing prices in seattle could come down at some point. I'm not sure how realistic that fear is though.

I could basicly afford 200k for a 600ft studio, or a moderate house thirty miles north, neither seem super atractive. However it may still be the best way to go.

My credit is also less than steller. I don't have any debt but I had the usual college credit card problems. I've never defaulted on anything but my payment history must suck. Along with the fact that I've used zero credit in the last three years or so.
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