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Updated about 11 years ago on . Most recent reply

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Cory Mackay
  • Redmond, WA
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I have 5 grand saved, what should I do with it?

Cory Mackay
  • Redmond, WA
Posted

I am a 24 year old with an associates degree in accounting in Washington State. I'm currently working on my bachelors degree in Business Administration. I just got a job at a bank and have saved up 5 grand the past three months. I have no investing experience but from an article I read here and from recently reading Rich Dad Poor Dad i have concluded that real estate and stocks is the way to go to acquire money producing assets. Can someone give me advice or point me in the right direction what a good move would be for me to invest my $5,000 or is it even enough? I'm currently living in my parents house. And if all you are going to say is do research and read books, can you tell me which books would help me on deciding on what my first real estate investment would be, and how much I need to save up? Thank you I appreciate any and all help.

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