Mutual funds offer less risk. If your investment time frame is only a few years, you may want to invest in Certificates of Deposit, Treasury securities, or money-market accounts. Clark advises people not to use home equity loans even though they are tax deductible. One benefit of selling your house now is that you no longer have to invest the money you made. Contacts and Web sites for investing are included at the end of each section.
Credit cards are the fastest way to go broke.
They should only be used for convenience and be paid off monthly. If you cannot pay them off each month, you should consolidate your credit card debt on a low interest card. You should obtain copies of your credit reports from Equifax, Experian, and Trans Union. If you are a resident of Georgia, you can obtain these reports for free. If there are any errors in these reports, you should spend some time and straighten these out.