singlemom7 said:
What in the world do I have to do to get one of those?????!!!!!
You have several options for getting one of those.....
1: Win lotto
2: Publisher's clearing hosue
3: Meet, woo and marry rich hsuband (But then you'd have to change your user name)
4: Well you get the idea I'm sure.
there are two ways people get those other than a rich uncle.
1: I met one young man, younger than I, in a Prevost, he is a Country Music Star and well paid for what he does.. and I might add he does it very well.
2: Most young people have considered life insurance, Many (myself included) buy some it is way less expensive if you sign up in your 20's after all.
BUT, there are many policies out there, Whole life, Return of Premimum lots of 'Gimicks' to get you to buy over priced insurance (Cash value is another one)
Find out how much one of those would cost and set aside that amount EACH month, use a small portion of it tu buy TERM insurance, likely 2 or 3 times what you'd have gottin in Whole Life.... now invest the rest in a good mutual fund.
If you do your research you should be able to find a fund in the 7 to 14 percent return rate (14 is a bit riskey) at 7.2% your money doubles in 10 years. So over 30 years (Aberage working life) if you invest just 100 dollars, it becomes 200, 400 800, and of course if you go another 10 years 1600, now remember you have kept investing every month of that 30-40 years. You could easily end up with that 400K Motor home, and 400K in spending money, and more left in the bank. .
Though in fairness, the cost of the motor home may keep increasing too,,,Usually doubling about every 15-20 years. But your investments are doubling.... Faster.
