All Forum Posts by: NA NA

I have changed my demographics [Ashtabula, OH] to more accurately display one of my market areas. I am dealing with moderately high markets to very low markets, depending on the area that I'm looking at. I have done some research, and I can buy Great-Lake--Front property for about 100k, sometimes less. However, with some of the lower costs, these properties would take lots of work. Overall, I am looking at many different options right now, but do not want to lose money due to inflation, with 150,000 to invest. I have read that flipping houses can be good, but, as a full-time student, this could be difficult. This makes it seem that Real Estate would be a better option for me in the future, but not at this point. I have read about TIPs, but they seem that they are only for small investments. Investing in a local businesses also seems like a possible idea, but would at the very least be moderately risky. I'm thinking about investing possibly 10,000 in the stock market, but the market could take a turn for the worse again, and that would be problematic. 

Thank you for your help... 

A Young Student looking to create a Good Future for Himself.

I absolutely agree that financial education is key in this situation. I'm going to wait at the very least of 2months before investing, after the semester is over. However, I want to have some options in mind in the meanwhile. Some experts believe that the real estate market is going to keep going up, however, as a full-time student, I do not believe that this would be a viable option at this time. With savings, I do not wish to battle inflation, losing money in the process. Even with 2.25% CD's, this could be problematic if the economy changes dramatically. I have considered partial ownership of local businesses, or "Pocket Franchises," so to speak, but they seem rather risky for a first time investor. Thank you for your reply, I am trying my very best to create the best possible life for myself. 

I have also considered real estate... Any thoughts?

*Note: I do not live in New York, NY. This is simply to conceal & protect my identity. The real estate in my area is rather diverse, for the most part.

Also, please factor in the problem of inflation that very well could affect my financial future. At the very, very least, I do not wish to be worse off 5 years from now than I am today. I have a very golden opportunity in front of me, and I do not wish to waste it. 

The Basics:

*Already have enough saved aside (Very, very, lucky financially, but somehow unlucky about everything else in my life) for 4yrs of college, with a year & a half under my belt already.

*(No College Expenses)

*Plan to Pursue a PhD in Psychology later in life (Not immediately out of school)

*Plan to Teach at the University part-time to offset grad-school expenses.

*Inheritance of $150,000

Down to the "Nitty Gritty":

5Yr CD at 2.25% (Could go up, too) of 150,000 = 167,860

OR... Riskier Investments... Stocks, Partial Business Ownership, etc.

Thank you for your help... 

Joe