Austin Laue and Megan Laue bought their first home last year in Northbrook, Ill., near Chicago. Now they’re considering whether buying more real estate is a good way to build wealth.
Mr. Laue, 29, works in tech, and Mrs. Laue, 28, is an educator. Together they earn about $255,000 a year. In addition to contributing more than 10% of their combined income to workplace retirement-savings plans, they’ve been able to save about $45,000 in cash and build an investment portfolio worth $222,000.
Of course they should! No civilization has ever built such a strong dollar and system as us! This young couple looks very educated and should enjoy the fruits of their labors by owning more real estate.
How about a piece on those who desperately need exit liquidity on their real estate now?
The most cheap, expired and stupid useless info to sell this morning!!
Not many people would comment on post. Why?
Would be more useful with '10 tips how to get your money to last until next paycheck'. But journalists have a different reality than most people.
How hard is your wiener?
믿지 않는다
What kind of investment are they seeking? In my opinion, if they buy real estate and rent it out, they should make 10% per year, which is a good investment. However, if it is buy and sell, they should buy in new residential zones at lower prices and sell when the market rises.
$255k in your 20s.... we can all relate 😹
Financial pro shouldn’t tell them to get leveraged in suburban real estate (which they don’t want to do) to avoid late rent payments.
rates are not high enough if WSJ runs these kinds of stories
Ngmi
Real EstateIts money money money..if u can invest Do it
This isn’t a Chicago couple.
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Shorter advice: 'Be born white.'
Stories like this are so dumb.