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Updated over 16 years ago on . Most recent reply
Advice on Getting into Real Estate
Hi my name is Kellen, I am a professional overseas basketball player. During the offseason, I do not work because I have to train and plus the money is good enough to live off of. The first part of my plan was to invest money into the stock market. Next I would like to purchase some rental properties, to set some kind of income that never changes or is put on hold because I'm not in season. Also to use as a retirement plan. But the problem is I invested too much into the stock market. And as you all know, right now is not a good time to sell stocks, especially in my case where most of my portfolio is in the negative. I'm trying to figure other ways I could get into the market. Also, are there any speculations on how much cash I would need to start? If any of you have suggestions of ways I could go about doing this, please comment. Thanks alot!!