Quote from: TDoS on May 17, 2025, 06:04 AMSure. No different than investing in a 401k or Apple stock or a myriad of other mechanisms.
Big difference. Liquidating your 401K doesn't make you homeless. Also, as an investment a MaMansion doesn't earn money unless you rent it out. So only 2nd & 3rd homes can be used this way. 401Ks don't have maintenance and repair costs.
Anyhow, basically this all just shows that the 1st $1-2M of net worrth doesn't make you filthy rich, just comfortable. I already stipulated it takes about $10M to set up a trust fund for each kid, so you need to be comfortably into 8 figures to be filthy rich. Really 9 figures especially if you're Elon and have 13 kids.
RE