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Another Day.

January 15th, 2010 at 07:36 am

So a few days ago I made an offer on a small piece of land, nothing much - 7.34 acres. Land around here usually goes for a minimum of $3,000 an acre and this was listed for $13,500. I got it for $12,500 plus closing costs, and the seller pays the survey fees. Comes out to about $13,100 for me. I did finance it over 5 years at 6%. I figure I will pay it off in 12-18 months. Land right down the street from it is listed at $44,500 for 5 acres, same condition. I was thinking of just re-listing it, but have decided to hang onto it as a hedge against inflation. I suspect we will see some hyperinflation over the next ten to fifteen years. Land will always match inflation.

Got quite upset at Tricare. I was told to get medicare Pt. B by our local office, which we did. Now, a case manager from Tricare called us and told me to cancel the medicare Pt. B, because I'll be responsible for the $155 a month premiums. I had done all the work with social security to get Pt. B, only to have to go cancel it. Irritates me.

My life has been fighting insurance agents lately. Not fun, but I guess it's productive.

Kinda disappointing to get paid and then have almost all the money leave the account just as fast as it came in. We started doing an ACH payment to our money market for $835 a month so that the EF actually gets done this year. DW doesn't like it, but she realizes we have to have it done before we adopt. This way, it will be done by the time she's back to work, and we can then save her paychecks to pay for the adoption.

Getting ready to file taxes, as are most of us. Expect in the ball park of $500 back, tops. Probably much less, but we'll wait and see.

Nothing too much else going on. Leave for Minnesota on Wednesday morning, get back late Friday night if everything goes as planned.

2 Responses to “Another Day. ”

  1. wowitsawonderfullife Says:

    Congrats on buying the land. Sounds like a great investment!

  2. creditcardfree Says:

    I wish you safe travels.

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