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Updated over 11 years ago,
my plan to being investing, would love feedback!
I'm 24 years old and am wanting to stay out of the rat race and begin investing. Realestate is something that has deeply caught my interest. However, I only seem to hear horror stories and am warned that it's "risky". But for me, I feel that it's far more unreliable to depend on your employer to carry you through your retirement. I like the idea of having a say in my financial future. I'm in a place to save $8,000 to $10,000 this next year and would like to continue saving at this rate to continue to invest. However, I have not begun to get my feet wet and don't know where to start. first, I need to keep my housing cost low to continue to save. I currently share a rental home. My husband and I were thinking of using that money to buy a duplex and rent out half of it as long as we are able to continue to A. Save a significant about of money and B. At the same time make money off of the duplex. I would love any advice of this is a good place to start and any advice you find fitting. Thank you!