Invest or Save Cash Until I Have Enough for My First Property

[Benjamin Hammerly]

Hi guys, I am a 20 year old sophomore in college studying Accounting. I have about 20k to my name and I dabble in a fair amount of investing and stock trading. I can very easily invest the money I make and allow it to grow, however this mostly involves illiquid investments. I can invest in the stock market but the uncertainty right now has me a bit worried. I’m also well aware that I should not be concerned with market conditions when it comes to long term investing, but this poses a bit of a problem. Do I invest my money now and then liquidate when I have enough for my first down payment on a property or just save all cash and avoid the risk and illiquidity of certain investments?