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Updated 28 days ago on . Most recent reply

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Ryan Roth
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$20k to invest

Ryan Roth
Posted

I have about 20k that I want to invest when a CD comes due in about a month. Initially I had planned to put it into the stock market but given the policies that the new administration is pursuing, I’m not strong on the stock market at the moment. Should I go ahead with stocks, put in T Bonds and then invest when things stabilize or invest in some other asset (real estate, agriculture which is also looking risky at the moment, something else I haven’t thought of)?

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Caleb Brown
  • Real Estate Agent
  • Kansas City
2,360
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Caleb Brown
  • Real Estate Agent
  • Kansas City
Replied

As others hinted 20K does not leave you a lot of room and would narrow down what strategy you can use. House hack is the only option but even that might not be feasible. Connect with a lender/agent locally to get a feel for the area/what you can qualify. In the meantime learn and figure out how to increase income/savings. If you have other money besides the 20K then this is a different story

  • Caleb Brown

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