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Updated almost 4 years ago on . Most recent reply

User Stats

177
Posts
100
Votes
Mike Eichler
  • Realtor
  • Pocono Pines, PA
100
Votes |
177
Posts

I need some opinions on investing with saved up money

Mike Eichler
  • Realtor
  • Pocono Pines, PA
Posted

I have saved around 200K and have been doing some research on what would give me my best ROI on my money. Some things that I have thought of would be allocating them to ETF's or IRA's or something like that. I have also thought about using it to do the BRRR method or house hacking. Im not sure on those because I like the idea of diversifying my money. If you have any insight opinions or suggestions please let me hear them.

  • Mike Eichler
  • [email protected]
  • 215-776-0588
  • Most Popular Reply

    User Stats

    348
    Posts
    171
    Votes
    Kenneth Mooney
    • Rental Property Investor
    • Augusta, GA
    171
    Votes |
    348
    Posts
    Kenneth Mooney
    • Rental Property Investor
    • Augusta, GA
    Replied

    @Mike Eichler agree with Jim here but if you are most comfortable with IRA and ETF I'd recommend going both routes. $100k is more than enough to purchase 1-2 rentals in multiple markets and their are many ETF's that you could buy as well that I'm sure you would feel comfortable with. Why not go 50/50?

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