Debt Free Geek
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How do you delineate long vs short term investments? What sort of items do you consider for personal property valuation?
I’m still working on the format, but for now, both of these categories are stock market investments (almost all in mutual funds). The long-term investments are funds I don’t intend to touch for the next 15-20 years. The short-term investments are funds which I plan to sell within the next five years, most likely to move into real estate.
For personal property, I include anything of enough value that it’s not too difficult to track, and that I could quickly sell if needed. Things such as firearms, jewelry, select pieces of furniture, electronics, large tools. Hope this helps! Feel free to let me know how you track, if different.
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