March 15, 2025

tess waresmith

Funds

Millionaire Says Index Funds Build Wealth Better Than Real Estate

Tess Waresmith’s first major investment was a small single-family home in Tampa, Florida. She put 20% down on the $84,000 property and rented it to a long-term tenant. She simultaneously hired a financial advisor to invest some of her savings in the stock market. If she could go back, Waresmith says she would’ve prioritized stock

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