Here's $20,000 to invest, what do you do!?

[Ryan Leake]

Happy Friday to all! Hoping to open up some good conversation with this...

Let's say you were handed $20,000 and told to invest the whole amount immediately...

Whether it's real estate or not, what's your plan of attack in today's market?

Excited to hear and learn from everyone's answers! Feel free to be as creative as you want!

[Monty McLamb]

1st. pay off any high interest revolving debt, credit cards. (instant nontaxable returns)

2nd. if no debt, then put some into educating for your future self. Prepare for where you want to be in 5 years and hold the rest.

3rd.  if no debt and you are already on track for the future, then invest in time.  Hold it in a short term cash account and wait to see what this market holds over the next 6-12 months.

Sometimes my 12-year=old self thinks money will burn through my pocket.  As I have gotten older I have learned patience and the number one rule, "When investing, don't lose money."