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Updated almost 3 years ago on .

User Stats

79
Posts
44
Votes
Hoa Nguyen
  • Edwardsville, IL
44
Votes |
79
Posts

You have 20k cash - how do you invest?

Hoa Nguyen
  • Edwardsville, IL
Posted

Hey everyone, I have a hypothetical situation that I'd like to present to some people I am currently mentoring. They know how I like to approach investments, but I'd love to get different views and strategies from fellow investors and see what routes of investing different people may take. 

So here is the hypothetical situation: 
You have 20k cash from a refinance on your home. You want to reinvest that into your first real estate investment. With no experience in investing, what would you do with the 20k to grow wealth and capital?