Should I save or invest?

[Ivan Robles]

I currently just moved back in with my parents, and work as an assitant for a top agent in Los Angeles. I have 1,000 and wondering if i should continue saving for my emergency funds or gamble and invest it. Also what exactly would I be able to do with 1k in Los Angeles. 

[Ali Boone]

Ummm... well $1k won't even pay one month's rent somewhere in LA. You'd have to add at least five 0's to that $1k to even start to be able to buy something here, and even that could be pushing it. 

I'd say your first focus, as should be everyone's when they are starting, is investing your initial capital into education. Books, short seminars (don't buy into the upsales), BP membership...stuff like that.