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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Buying Starbucks isn't going to be the difference between being a millionaire or not. The most important factor is income. Period. It's much easier to make your money grow when you have more of it. Too much boomer advice. Keep enjoying your subscriptions to Kiplinger's detailing the latest and greatest boring ass ETFs so that you can make 7% returns per year and finally become a millionaire by the time you're 65 and have Alzheimer's.[/quote] +1000 these are the same people who think it's a good idea to pay cash for property. All these trite Boomer sayings "OMG THE STARBUCKS AND THE AVOCADO TOAST!" In what reality do these people live?[/quote] We pay cash for property and cars. It sorts of keep us in check in not overbuying and extra cash over the years as we don’t have a mortgage and paying interest on the property goes straight into the stock market. When the stock market crashed and/or we lose our jobs, we don’t worry about how to pay the mortgage. This stress free life is worth more to me especially since we have no family here; i don’t want to be in a homeless shelter w my children.[/quote]
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