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Updated about 5 years ago,

User Stats

7
Posts
3
Votes
Fareed Khamitov
  • Lakeland, FL
3
Votes |
7
Posts

Index, stock, RE or keep saving.

Fareed Khamitov
  • Lakeland, FL
Posted

Hello world.

Me and my wife are in our early 20. I am 23 she is 21. Right now we both work full time with income of around $50K annually. I am also a full time computer science student in my junior year. Right now we have car payment, mortgage on a single family house that we bought last year and no student debt.

Throughout the years we managed to save $25K. Seems like the more I read the more options we get. "Set for Life" is advising to save, invest in Index Funds and then in RE. "BRRRR" by Mr.Green is advising to save a lot and then buy house cash, and books by R.Kyiosaki are advising to start playing a little in stocks and funds to get used to investing and then get into "big" business or RE and so on. The end goal for us is real estate I know that for sure.

Now the question is: should we keep saving or start investing if not all, but part of it? What would you do in our place?

Thank you all!

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