| Did you receive a nice inheritance? Did you t start a business and it took off? |
| A couple big gambling wins. |
| very good real estate timing. bought during the 00's run-up, sold before the crash, rented for a few years with all the proceeds in a CD, bought again after the crash and was able to pay it off in just a couple years. |
| As a government employee, investing in TSP's C fund starting out as a new 22 year old hire and never moving the money. I always invested the full amount allowed once I was making enough money. Now, I can retire at 56 years old. |
| maxing out my roth 401k at 22 in fall 2009. |
| Bought a condo in DC in 2000. It tripled in price over the next 5 years. |
| I married a rich girl and “came” into money. |
| Bought a colonial house in nice neighborhood inside the beltway in the 90's for 300k. |
| Parents predeceasing grand parents. I'd rather have my parents though |
| Real Estate investing. Gained several million from it. |
| Being born into a well off family, no student debt, and receiving a large gift from my grandparents that I used as a down payment. I acknowledge that I was given a huge headstart. These grandparents are Holocaust survivors and my others grew up during the depression, so they worked hard for everything they ever earned and I don’t take their sacrifices for granted. |
| Being born into a wealthy family? |
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Buying a house in the early 2000s was a lucky break for us. My parents also similarly lucked out by buying their house in the late 70s.
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I love this story! |
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Graduated college in 02 and law in 05. That was just before tuitions/room and board started sky rocketing. They were starting to go up but even still undergrad and law school at Penn with room and board came out to 40-50k/yr all in -- not the current 100k/yr that Penn Law costs now.
With some parental help (though no where near 100% pay), a few small grants, a few summer associate gigs, I was able to graduate with just about 75k in debt combined for undergrad + law. That's a different world than nowadays where walking away with 200k in debt is "normal" unless you come from rich families. Allowed me to focus on building a stock portfolio early on - which helped in coming up with down payment $ etc. |