All Forum Posts by: Stephen Meyer

I am a registered nurse, I earn about 80,000 per year. Of that 80,000 I average between into 600-1,000 per paycheck (biweekly) into a fund I am considering for investing. Right now, that fund is in ETH and is about 6,000 total which I estimate to return probably around 20% by the end of the year. 

That fund should have around 24,000 by the end of the year.

I have a separate fund with about 130,000 invested. I am estimating that fund will have accrued to 180,000 by the of the year. I estimate these to be appropriate returns for at least the next 4 years. 

I also have 401k with 4,500 which I estimate will be 7,000 by the end of the year.

Fund 1: 24k

Fund 2: 180k

401k: 7k 

Right now, I am a renter that pays 900 per month, with a stay at home wife with a child on the way. The buyout of the lease is 3k, until January of next year. 

I am planning to buy a house next year, I could buy a nice but cheap house near the hospital I work at for about 100k

Option 1: Keep the large nest egg invested. Use Fund 1 and 401k to buy a cheap house with in walking distance to the hospital to continue saving money. 

Option 2: Take a larger portion out of Fund 2 about 30k to buy a duplex that's with in driving distance from the hospital. I would use 30k + 24k (Fund 1) + 401k to finance the duplex. The average duplex cost near Canton Ohio in Grade C-B areas are about 220k. I could rent the other side for around 1,100 to pay down the mortgage. This might be easier to expand with more duplexes in years to come verses option 1.

Option 3: There are cheaper duplexes in Akron, OH that might range from 150k. I could follow the same plan as Option 2, but switch jobs to a Akron Hospital and have a higher cash flow. 

Those are the 3 options I have in mind, what would you do in my situation? If there is something I'm missing out on, please let me know. 

So the average rate of return on the Vanguard Admiral Mutual Fund is 10%, the average rate of return on bitcoin is 40%. I'm hoping I've completely misunderstood your question, because just about every mutual fund and crypto investment is several times over 3 percent