LET’S TALK MONEY: Some home improvement tips, suggestions | Business

Hi Taylor: I’ve got about $2,000 set aside for home improvements and I’m trying to figure out the best way to spend it.

I want all sorts of things like a new TV and a new couch, but I wonder if something like new windows or some sort of structural work could be a better choice in the long run. Any thoughts about the best way to put my money to work? — Marcia

This page requires Javascript.

Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

kAmkDEC@?8mw6J |2C4:2ik^DEC@?8m x’G6 8@E 2== D@CED @7 E9@F89ED @? E9:D :DDF6[ E9@F89 x 92G6?’E D66? J@FC 9@>6 D@ J@F’== 92G6 E@ 7@C8:G6 2?J :562D E92E D66> E6CC:3=6]k^Am

kAmuFC?:EFC6 2?5 C6?@G2E:@?D 42? >2<6 7@C 6I46==6?E :>AC@G6>6?ED 2?5 FA8C256Dj J@F ;FDE 92G6 E@ >2<6 E96 C:89E 49@:46 7@C J@FC =:G:?8 D:EF2E:@?]k^Am

kAm`] qFJ 7FC?:EFC6 J@F’== <66A] p Sa[___ 4@F49 42? D66> =:<6 2? 6IEC2G282?E AFC492D6[ 3FE DA6?5:?8 E92E >@?6J D@ J@F H@?’E 92G6 E@ 3FJ 2 C6A=246>6?E 7@C 2 76H 564256D >2<6D 2 =@E @7 D6?D6 😕 E96 =@?8 CF?]k^Am

kAmx7 J@F 5@?’E A=2? E@ DE2J 😕 J@FC 4FCC6?E 9@>6 7@C E@@ >F49 =@?86C[ x’5 D2J E9:?< 23@FE 2? :>AC@G6>6?E E92E J@F 42? E2<6 H:E9 J@F[ DF49 2D 2 4@F49 @C 2 ?:46 42CA6E] %’D 2?5 @E96C 6=64EC@?:4D 364@>6 52E65 AC6EEJ BF:4<=J 2?5 5@?’E C6E2:? G2=F6[ D@ x’5 9@=5 @77 E96C6]k^Am

kAma] v:G6 2 D>2== DA246 2 >2<6@G6C] p 4@FA=6 8C2?5 42? C62==J 5@ 2 ?F>36C @? 2 32E9C@@> @C 6?ECJH2J] *@F 42? 3FJ ?:46 8C2?:E6 4@F?E6CE@AD[ A2:?E E96 H2==D[ 86E 2 ?:46 >:CC@C 2?5 6G6? C6A=246 2 D:?< 32D:? 7@C E92E >@?6J]k^Am

kAm%96 32E9C@@> 😀 2 7F??J C@@> D:?46 :E’D @FE @7 E96 H2J 3FE 2=H2JD 😕 FD6[ D@ DA6?5:?8 2 =:EE=6 @? E96D6 :>AC@G6>6?ED H:== 92G6 2 3:886C :>A24E @? J@FC 52JE@52J =:76 E92? J@F >:89E 6IA64E]k^Am

kAmx7 J@F 2C6?’E DFC6 H96C6 E@ 368:? H:E9 E9:D <:?5 @7 C6?@G2E:@?[ 9625 E@ @?6 @7 E96 3:8 92C5H2C6 DE@C6D 2?5 DE2CE =@@<:?8 2E H92E E96J 92G6 @? 5:DA=2J] xE D9@F=5?’E E2<6 =@?8 7@C :?DA:C2E:@? E@ DEC:<6]k^Am

kAmb] r92?86 FA J@FC =:89E:?8] x7 J@F @H? J@FC 9@>6[ ?6H =:89ED H:== >2<6 E9:?8D =@@< 36EE6C 2?5 96=A :?4C62D6 E96 G2=F6] &D:?8 5:>>23=6 EC24< =:89E:?8 @C >@56C? A6?52?ED 2?5 492?56=:6CD[ J@F 42? 5C2DE:42==J 492?86 E96 26DE96E:4 @7 2 C@@> H:E9@FE <?@4<:?8 @FE 2 H2== @C C:AA:?8 FA E96 7=@@C3@2C5D]k^Am

kAm}6H 3F=3D 2?5 7:IEFC6D 2=D@ 42? =62G6 J@F H:E9 2 >@C6 677:4:6?E D6EFA[ 4FEE:?8 324< @? J@FC FE:=:EJ 3:==D 2?5 7FCE96C :?4C62D:?8 E96 C6D2=6 G2=F6 @7 J@FC 9@>6]k^Am

kAmpD =@?8 2D J@F 5@?’E 8@ H:E9 2 E@E2= :>AF=D6 3FJ[ DA6?5:?8 @? 9@>6 :>AC@G6>6?ED 😀 2 8C62E :?G6DE>6?E] %2<6 2 E@FC @7 J@FC 9@>6 2?5 7:8FC6 @FE H9:49 C@@> J@F’C6 >@DE :?E6C6DE65 😕 C65@:?8[ 2?5 8@ 7@C :E]k^Am

Taylor Kovar is CEO of Kovar Capital. Read more about him at GoFarWithKovar.com.

Information presented is for educational purposes only and is not an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/ or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

To submit a question to be answered in this column, please send it via email to Question@TaylorKovar. com, or via regular mail to Lessons on Wealth, 106 E. Lufkin Ave., Lufkin, TX 75901.

Source Article

Author: iwano@_84