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All Forum Posts by: Charlie Bauer

Charlie Bauer has started 2 posts and replied 2 times.

Post: If I had $100,000 how should I spend it?

Charlie BauerPosted
  • Kitchener, Ontario
  • Posts 2
  • Votes 0

This is a hypothetical scenario where the objective is to achieve the largest sum of money .  If I started with 100,000 and am able to add 20,000 per year, what should I invest in? Real estate, bonds, stocks, save the money, or all four?  The objective is after 10 years to see how much money has accumulated.  "in my pocket" money is what I mean.  So not including the value of a house but the money I have gained from it.  I am trying to find what I should learn about before committing.  I am stuck between stocks and real estate.  Like I said the objective is to achieve the highest amount of money possible.  I want to be a multimillionaire.  I live in Canada.

p.s. I wouldn't stop at 10 years but I am trying to put a time frame on the scenario.

Post: 17 year old, where to start

Charlie BauerPosted
  • Kitchener, Ontario
  • Posts 2
  • Votes 0

Hi,

I am an ambitious 17 year old looking to create financial assets and stay out of debt. I am looking to becoming a real estate agent right after highschool, so no post secondsry education. I would then save money for a couple of years and invest in my first property. I live in Canada, so education costs a lot of money. I want to become as good of a real estate agent as possible and start investing asap. What do you think of my plan? Also, how should i start in real estate investing? I want to become a multimillionaire by the time i am in my 40's(I know this is ambitious). I am looking for guidance. 

Thank you