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There is quite a big gap between $100k and $250k. If you happen to find yourself in that gap you can become moderately rich over a period of several decades by
by paulcole 1y ago
There is quite a big gap between $100k and $250k.
If you happen to find yourself in that gap you can become moderately rich over a period of several decades by living frugally and investing in index funds with excess cash.
Or don’t do that and don’t become moderately rich. That is fine, too! It’s not impossible but you must prioritize the goal of becoming moderately rich over other goals.
- burnt-resistor 1y agoThat's a lot of added work and extremely limiting constraints when you can just get a better job continually rather than getting complacent and grow one or more side-hustles.
- paulcole 1y agoI don’t understand what the added work and extremely limiting constraints are? I feel like buying VTI is much less added work than continually getting a better job?