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Updated over 5 years ago,
Noobie inherited 1 Million Dollars
Hello! I love this site. Learned so much on it already!
Before I go on, I would like to say that I feel very fortunate, lucky and very grateful for this inheritance. This money was given to me without my doing anything. So I see it as my duty to increase it, rather than waste it.
I am 45, single, no kids and live in California. I rent. I am thinking of investing in long distance properties (duplexes/fourplexes) under 200.000, starting out with a single family home to get my feet wet. I am reading David Greene's and Chris McLaughlin's book.
What would YOU do with that money? What would be your strategy? Any tips? Advice?
Thank you, everybody!