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Updated about 9 years ago on . Most recent reply

Isaac Howell's profile image
Isaac Howell's profile image
Isaac Howell
  • from Ben Wheeler, Texas
  • Member since Dec 27, 2015
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Isaac Howell's profile image
Isaac Howell's profile image
Isaac Howell
  • from Ben Wheeler, Texas
  • Member since Dec 27, 2015
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Isaac Howell
  • Ben Wheeler, TX
2
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21
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Starting Out

Real Estate or Stock Market? 1st investment advice

Isaac Howell
  • Ben Wheeler, TX
Posted
I'm an 18 year old college student. I have about $5000 in savings and a part time job. Should I try to pursue buying a small single family home and get an FHA loan or look into investing in the stock market? Any advice is appreciated. Thanks!
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Stephanie Hardy's profile image
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Stephanie Hardy
  • from Las Vegas, Nevada
  • Member since Dec 15, 2015
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Stephanie Hardy's profile image
Stephanie Hardy's profile image
Stephanie Hardy
  • from Las Vegas, Nevada
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Stephanie Hardy
  • Las Vegas, NV
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Stephanie Hardy
  • Las Vegas, NV
Replied

Since this is a real estate site, I would say most responses would be for going with real estate :-)

To go along with that, when investing in stocks, you have very little power on what happens with your money after investing. With real estate, there are so many different avenues to pursue and so many ways to make money that you are able to have more control of. 

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