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Updated over 4 years ago on . Most recent reply
Savings for Real Estate Properties
Hi guys,
I am pretty new to the forums and real estate investing. I have been reading a lot of books and just trying to learn as much as possible while I save up money for my first property.
Right now I am saving pretty much all my money in a taxable brokerage account(M1) put mostly into ETFs. Is that a bad idea? I don't like the idea of putting my money into an IRA because I wouldn't be able to touch it before I was 59+. I am currently 25, and would love to retire way before 59 so IRAs and retirement accounts seem like a dumb idea to me.
So my question is where do you guys keep your money that you are saving to buy properties? I don’t like the idea of just a regular savings account.
Thanks
Zack