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Step 1: Buy a house with large downpayment.
Step 2: Get Home Equity loan on said house using revolving credit
Step 3: Invest Loan at rate higher than interest on loan in a semi-liquid fund that pays at least quarterly to offset your interest only payments (easy to do once you do enough research)
Step 4: Watch house appreciate, loan pay itself, investments grow.
Step 5: Wash rinse repeat until you've replaced your income.
Seriously though - 100k should be able to get you retired and DONE in 7 years. I took 100k and turned it into 600k in 7 years. Dumped that into a liquid investment at 30%/annum on 5% exposure and it's generating 180k/year for me now as one of my streams of income.
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-=[ Merlocke ]=-
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