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Reply to "Which would have been better for you at age 27? $200k Small house, investment account, or cash?"
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[quote=Anonymous][quote=Anonymous]OP here, thanks for the responses. We are leaning towards investment accounts that they can't touch for a while. I think setting everything up for them (maybe in a trust fund?) will be a good setup. We have relatives that have bought houses for their kids as adults and that has worked out well for them too. We don't need to decide for a few years, [b]since we don't have the money now [/b]but hopefully will latter. It's just nice to have an idea in mind. We also plan to pay for college for them too.[/quote] Make sure your retirement is comfortably covered before doing something like this[/quote]
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