Where should I invest $50k cash to grow wealth, mid-30s, $100k+ income?

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  • #107718 Reply
    Steve

      If you can manage to invest $500/month into some S&P type fund, in 30 years you should be a millionaire.

      The only hard part is having patience. You can do it.

      #107719 Reply
      Scott

        Make sure you’re putting away 10% of your salary and you’ll be a millionaire in 17yrs. 401k to match, Roth Ira’s, 529’s if you have kids.

        Most of that 40k needs to stay where it is and be your emergency fund.

        #107720 Reply
        Noa

          We were where you were 4 years ago. We now have $350k in retirement, and $1.7M in RE ($1.1M debt).

          Decrease expenses, max out retirement, increase income.

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