/biz/ - Business & Finance

>>53962120
I'd dump it all into JEPI. Then keep working but instead of $19 an hour I'd get into bartending and get in-shape. That way JEPI would make me $3500 per month, plus if you became a good bartender you'd make another $3000-$4000 a month. The purpose of the bar-tending job is to bang girls who also work at the bar or are regulars, while also staying on your feet and networking as well as improving social skills.

After a few years of this setup and you will approach 33-35, where you should really be getting married and settling down. You and your fiancee should have enough money to put a down payment on a multifamily house like this is a non-nogged city.

See link:
https://www.zillow.com/homedetails/50-E-Transit-St-Providence-RI-02906/65917954_zpid/

In this type of house-hack, you and your family will live on the first or second floor and you rent out the other two units to either totally pay the mortgage, or at least 80% of it. From here, you are living very cheaply, while still having JEPI pay you around $44k/yr in addition to both of your jobs. As you raise your children the house appreciates enough in value that you can remove equity by taking out a HELOC loan and totally pay for your kids college. The JEPI investment and ownership of the house (which other people are paying the mortgage for) is enough to put you on a "glass floor" level of "fuck you." While you aren't rich, you are able to live rent-free and put your kids through college on a bartending job. If you desire to work harder and make even more money you could potentially make another down payment on a non-multifamily house in better condition than the one I linked. You then move out and have a tenant replace your old unit for extra income. You also keep the old mortgage and house as an appreciating asset that you can borrow against in a non-recourse loan.