| When I was recently widowed with young kids, a very random comment overheard in a toddler playgroup about a business for sale lead me to buy that business for a great price, with a reasonable payment plan. Just as I paid it off, the landlord the business is housed in decided to sell, and I was able to purchase the building with two other tenants. I've grown the business 3X over and it's structured in such a way I've been able to achieve a work/life balance I never would have if I'd just gotten a full time job. After such a sh*tty blow of having my husband die, it felt the universe granted me a solid. |
| My 96 year old aunt gave me the full down payment for a house in Chevy Chase in mid 90s, and then gave us the max $s allowed within gift tax limits to help with maintenance and childcare each year until she died 12 years later. I am a single mom. Completely changed our family’s life. So grateful to her. Never asked. That she saw and offered from afar made it even more meaningful. She was remarkable |
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The vast majority of these posts involve luck.
I’d like to see the GenZ reactions to these posts. |
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Luck absolutely plays a huge part. But still has to be combined with positive action, because you can't control luck and you never know where the best opportunity will come from. |
| Starting a very successful business and buying AirBNB properties during COVID before the prices skyrocketed. |
IMO real estate is always luck unless held for a very long time (which is only possible if you don't have to sell to upgrade). |
Luck plays a huge role in all of our lives but we don't acknowledge it. I'd say the impetus on one's part to take the particular action they did is also luck. How many stocks have you sold at the wrong time only to see it take off! Every one of us could have bought a house a mile away from where we did and would have ended up with a completely different set of neighbors and friends and so would have kids. Our kids would likely not know a single person they know now if we had done that! Yet we go through life with such an illusion of control.. |
No, it isn't. It's me! I'm the random poster. But I do have an interesting story.
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Bought a foreclosed townhouse in 2009 with the 10k from the government for a 1st time homebuyers credit. Sold it 5 years later for over double what I paid.
I sold in 2014 and the prices now are still exactly the same as what I sold for. Which is crazy! |
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I went to the flagship university on a full scholarship instead of a private college. My parents gave me the money they had saved and I used that money for both a downpayment on a house and also a new (used) car at graduation.
I had a lot of friends who chose the private college instead. Or DH went to his state flagship, but it was $$$. |
| Ha, my parents KEPT that money for themselves. |
Penn State? |