Stock market opportunity

[Marek J.]

Hello. I am considering this strategy and I was wondering what you guys think of it. I been saving up to buy my first deal. But with few deals in the Chicago market I was wondering whether it would be good to invest some of my savings into stocks? There are some great opportunities in the stock market.

I would invest 20% of my savings into the market and keep 80% of the savings in a high yield money market for when a RE Deal does come up.

This idea is that 20% that I would invest (buy and hold in the stock market) can double in 2-3 years as companies recover, at which point I sell that position and use it as a down payment on another real estate deal.

—-

Long term would it make sense to take 20% of my income and invest into the market with the hopes of doubling the money 2-3 years then pulling it out and putting into real real estate.

Obviously I would keep saving the other 80% of my income from my job. I have a good savings rate and low overhead.

Thank you.

[Josh Smith]

@Marek Javorek

This is essentially what I am doing right now. Started getting into stock investing a couple months ago with free time and followed it up with now wanting to pursue real estate along with it.

I have a good chunk set aside in my brokerage looking for a good return over the next year while setting some aside in my high yeild savings account to keep it more liquid in case needed quicker.

So far in the past couple weeks my portfolio is already up about 16% so not bad! Obviously make sure you have your research done on the stocks you want to invest in.