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Updated about 7 years ago on . Most recent reply

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Giancarlo Paone
  • Real Estate Agent
  • South Amboy, NJ
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What would you do with 30k out of college?

Giancarlo Paone
  • Real Estate Agent
  • South Amboy, NJ
Posted
What would you do if you graduated college and you were handed 30k to do as you please. Note: you are unable to live with your parents and are going to be starting a job in NYC in a couple of months.

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I would not invest it in real estate. A intelligent person would put it in a secure investment fund, go to their new job, get established with a good solid income for 2 years while building up your credit and saving more money to invest.

In the interim get your self squared away in life, determine a path and educate yourself on finances and investing in real estate if that is your chosen investment path.

You have come to a real estate investment forum and obviously will be told to invest in real estate. If you went to a survivalist forum they would tell you to invest in fire arms.

If you do not take the time to get your life path together before beginning serious investing the likely hood is the 30K will be lost or pissed away.

Get your life started before you decide to ask strangers how to go about randomly throwing around 30K.

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