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by kdme
2398 days ago
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You could start buying income producing assets. You could buy real estate and rent it out. You could also buy an existing profitable business from a motivated seller (owner is wants to retire or tired of the business). Then you use your tech skills to add value to the business. This is potentially less risky than starting one from scratch but you got to pick a good deal. Also how are your finances? Credit Score? Any bad dept? do you have an emergency fund? Are you living paycheck to paycheck? If you are planning to do this you should definitely get your finances in order. You cant focus on making more money on a sinking ship. You are earning a lot than most people. It's completely in your reach to become a multi millionaire if you make the right financial decisions. Go for it and strive for financial independence. Also how are your expenses? If you are living in silicon valley I imagine that the bills there getting a large chuck of your income plus the taxes in California. |
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