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Reply to "What NW would a person need to retire by age 30 in a HCOL area? "
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[quote=Anonymous][quote=Anonymous]Choosing the right stock at a young age that will keep increasing in value for decades while paying you dividends. Eventually, your portfolio is so large that you can live off the dividends. Obviously this takes luck, not just an understanding of the company and its industry, as well as global forces influencing the market for its products. This is what I did, but my goal was reached a decade later than your timeline. I will gift my children some select stocks to start them off in the hope one of them makes it long-term.[/quote] So many words. What’s your answer?[/quote]
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