I was 8 y/o in the 1950s when my father was taking his MBA at Syracuse U. I was asking him numerous things financial, one of which was, "How do you get rich?" His answer, "Two ways, real estate and/or stock market investing." Never forgot the latter.
A good idea. I did this for my mother's real estate and automobiles. One of the key requirements (in Colorado and Virginia) is that the real property be owned free-and-clear. (I'm not a lawyer)
Have you considered posting your question to the bogleheads.org forum. Vastly wider audience and many have experience in this area. https://www.bogleheads.org/forum/index.php
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There has to be a price-point at which no job is too small for a tradesman to take on.
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Wife: "What are you doing?" Husband: "Nothing." Wife: "You did that yesterday." Husband: "I didn't finish."
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Link to comment from June 22, 2026
I was 8 y/o in the 1950s when my father was taking his MBA at Syracuse U. I was asking him numerous things financial, one of which was, "How do you get rich?" His answer, "Two ways, real estate and/or stock market investing." Never forgot the latter.
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If you have a, "Don't answer the phone to unknown callers." rule, apply it to unknown door knockers as well. Has worked for me for decades now.
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I agree. RDQ, isn't it time to move on?
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AA = 50/48/2 (equities, bonds, cash) 50% = VTSAX + VFIAX (total stock + S&P500 indexes) 49% = VSBSX (short-term treasury index) 2% = VUSXX (treasury MMF) No muss, no fuss. Retired 15 years.
Post: What’s in your portfolio ?
Link to comment from June 14, 2026
A good idea. I did this for my mother's real estate and automobiles. One of the key requirements (in Colorado and Virginia) is that the real property be owned free-and-clear. (I'm not a lawyer)
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Link to comment from May 24, 2026
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Link to comment from May 14, 2026
Have you considered posting your question to the bogleheads.org forum. Vastly wider audience and many have experience in this area. https://www.bogleheads.org/forum/index.php
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Link to comment from May 14, 2026