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House appreciation and FAANG stocks would do the trick methinks. I hope he's diversified by now into some sort of reasonable mixture of stocks and bonds for th
by scottlegrand2 8y ago
House appreciation and FAANG stocks would do the trick methinks. I hope he's diversified by now into some sort of reasonable mixture of stocks and bonds for the long run.
20 years ago I used to call this the "Live in California" investment plan where you buy a house and make a California salary. The trouble is that you need to cash out and move somewhere else someday to make this work. Then deep learning happened and everybody who understands backpropagation saw their salaries double or more so I'm still here hoping to win the lightning round or at least sticking around long enough so that when I retire my relatively modest lifestyle won't change much other than location.