Beginning to Save - Help!

[Liam Beard]

Hey guys,

So I recently finished playing college football which freed up a bunch of time for me to finally start working and saving. I was able to get a part time job making $12/hr and working about 34 hours a week while I finish up my last year/year and a half of school (which by then I'll be able to get a better job). I recently opened up an Ally Bank online savings account with 2.2% APR. Currently I am placing 70% of the money I am making from my part time job into this account. My goal is to reach FI by 32 (Currently 21). I plan on investing in a small multi-family and house hacking as my first investment. My question is should I continue to allocate most of my income into that savings account until I am able to make a move on a deal eventually or place the money I'm saving into Vanguard ETFs and start investing that way or go about this a completely different way? I know this is based on me and the goals I want to achieve but any advice would be appreciated. 

Thanks!

Liam

[James Triano]

@Liam Beard

I completely agree with @Scott Jensen

Keep your savings as liquid as possible right now.  Any returns you get in the current stock market are going to minimal in comparison to the risk you'll be taking.  We're likely near the top of a market cycle and you'll not want your hard earned savings dwindling in the event of a downturn - you'll want it in your pocket so you can buy a property at a depressed price.