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re: What to do w/ $500,000
Posted on 2/8/24 at 7:56 am to AUCE05
Posted on 2/8/24 at 7:56 am to AUCE05
I would put it all in VOO. Make minimum payments on my debt. In 10 years you will have 2MM. This is a simple math problem.
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I love VOO but your math has assumptions that are too optimistic for me. So it going to double twice in 10 years? Not likely. It can happen, but that is higher than typical. But the OP could do well sitting in VOO for 10 years, so not a bad option.
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I love VOO but your math has assumptions that are too optimistic for me. So it going to double twice in 10 years? Not likely. It can happen, but that is higher than typical. But the OP could do well sitting in VOO for 10 years, so not a bad option.
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