[USER]

CoastFI, now what?
We are 35/39, with 2 kids and another on the way, just reached CoastFI.

We have about $5k to invest/month and would like to do something fun that might accelerate our path to FI (open a road bike school? restaurant?)
Any suggestions?

We already own two rental properties that break even but are in highly appreciating areas, so not interested in more RE.

We are living in a remote rural area.

[Jimmy]

I haven’t heard a lot of great things about restaurants. They have a huge failure rate and the only people I see have successful new restaurnats are people that have been in the industry for years.

I would maybe recommend dipping your toes in different places without having to invest much.

When you do it for a while and like it then invest a little more.

[Rosemary]

If you’re already at coastfi, invest in your community through meaningful philanthropy.

[Kristin]

Might be fun to keep investing so you can reach FI sooner.

[Jule]

A restaurant is the quickest way to go down. 80% of restaurants fail within the first 5 years. 60% within the first year.

I’d keep investing in the stock market and get some sleep at night.

[Author]

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