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[quote=Anonymous]The float in home prices in the DC area over the last 20 years has made us millionaires in equity alone. We could buy a very nice house in a lower COL area outright and have many hundreds of thousands leftover. We did it by a lot of hard work ourselves (painting, plumbing, installing, fixing, etc), choosing the right properties, and a huge swath of luck. We we were in our 20s, we started buying mutual funds and using this new thing called a 401k. I cut back to freelance when kids were babies, but I'm back FT now and maxing that 401k again. OP - Vanguard is a good first step into investing. Read their website and choose a fund that fits your preferences. Don't be afraid to go with the most aggressive allocation, especially if you have time on your side![/quote]
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