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Hey guys,
Long time member here. Feels good to be back. I actually became some what my successful myself overnight, it only took ~5+ years (have some threads here if you want to look). I'll post an update soon.
Anyway, here's the question:
My parents are thinking about upgrading their investment property which should net ~30k if they sold it (but they will hold onto it).... The investment it will take is around ~120k
Would it be better to just invest that into stocks and hold onto them for at least 5 years?
PS - Fast lane stuff is not an option for them.
Long time member here. Feels good to be back. I actually became some what my successful myself overnight, it only took ~5+ years (have some threads here if you want to look). I'll post an update soon.
Anyway, here's the question:
My parents are thinking about upgrading their investment property which should net ~30k if they sold it (but they will hold onto it).... The investment it will take is around ~120k
Would it be better to just invest that into stocks and hold onto them for at least 5 years?
PS - Fast lane stuff is not an option for them.
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