In article <2a9807a6.0409040911.eaee009[at]posting.google.com> , Ellie
<ellie[at]shasta.com> wrote:

- quote -

Considering that that was the worst streach in the market since
the panic of 1879, you are doing pretty good. The market is a
long term investment. You might not see much for years, but you
keep accumulating shares. When the 6 month period comes along
where those shares have a good run, you will see dramatic growth.
But you have to be in the game to win.

- quote -

No, not unless you are planning to eat your house when you retire.
You need to save money for retiremen, or you will end up living off
of government hand-outs and charity.

The best thing you can do is re-fi your mortgage. Rates are way
down again, and you could save a ton of money on a monthly basis,
or shorten the loan term by getting a 15 year loan, and not pay
any more.

-john-

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John A. Weeks III 952-432-2708 john[at]johnweeks.com
Newave Communications http://www.johnweeks.com
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Hi,
I need a little help with this issue. I would like to retire in 10
years. I have 20 years left of a 30 year mortgage at 7.25%. I save
$500.00 per month in my work 403B tax sheltered annuity. This gained
nothing this year. Since I started in 2001 it has gained 5.8%.

If I put $400-500 into the mortgage each month, I could save 8-10
years and have it paid off int 10 years.

Do you all think that this is the way to go? I may have to reduce the
savings in the TSA to pay down the mortgage at that rate. I cannot
re-finance to get a lower interest so that is out of the question.

Please share your thoughts with me on this. I am not that good at it,
but my job stability may not be that great.

Thanks,
Ellie