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Updated over 7 years ago,

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Kashyap Palicha
  • Danbury, CT
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Starting out late in life

Kashyap Palicha
  • Danbury, CT
Posted

Hi everyone. Newbie to BP forums here, although I have been reading articles and listening to podcasts for a while. I need some tips, pointers, tricks or general advice regarding investing at a later stage in life.

So most of the posts, discussions and articles I have read generally have scenarios and tricks that apply to people starting early i.e. in their early to mid 20s. I have always been a real estate bull (long term) and have invested, but in my home country. I now have a family and kids, and a mortgage (with PMI), and therefore find it hard to save money to build up capital and reserves (I prefer the rental strategy). Any suggestions on how I can build up cash to start investing? Any other thing you would like to suggest on how I can get started? I am in the expensive North East area, so numbers tend to become larger.

(if there is already a post or discussion out there that sheds light on this, please point me in that direction)

Thanks.

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