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Old 01-12-2008, 08:12 PM
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jIM_Ohio jIM_Ohio is offline
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Location: Milford, OH
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4 years to accumulate 500k is a bold goal. How do you plan to achieve it?

My advice is get 100k in the market. Most of this will come from your contributions over the next 4-10 years. Once you get 100k, I think you could increase some risks and make the money work harder.

The best return comes from the riskiest investments. Owning your own business is probably the biggest risk. Biggest return too.

I would shy away from real estate (renting or flipping) unless you

a) have a high cash savings
b) have a significant amount of spare time
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