Keeping the money stashed away in savings for a period of time allows the “vanity” of it go away.

Historical PricesSource: https://www.financialsamurai.com/are-you-a-real-mi...We had the dot-com bubble in the late 90's, followed by the housing crisis (collapse) of 2008, and in my opinion the dollar is the next bubble, see Forbes article below:https://www.forbes.com/sites/kenrapoza/2015/01/26/...Additionally, if you do agree that there is a much higher inflation rate than the Fed reports, stashing cash and earning interest below 8% is a LOSING proposition.

@Jay Helms after traditional tax deferred places to stash cash rental properties seem like a diversified place to build wealth and supplement income, plus I like that similar to investing you can create a strategy that’ fits your risk tolerance, time horizon and available time.

Just a beginning to my ultimate goal of true self employment.Keep listening to podcast, reading blog post, and stashing the cash.

Or if he runs to GameStop to pick up the latest Call of Duty, find his stash and have the cops waiting for him when he gets home.I would do everything I could to let him know his life will be a living hell if he remains in the home and that his time is short.

FHA loan going to require you to live in it for a year........... could be a long long long year next to drug dealer stash house lol.

@Corina Eufinger for rehab I do have some money stashed that I could use towards it and I am definitely going into it as a business relation.

My target area will be Chandler, Tempe, Mesa as I'll be starting out in Chandler AZ mid MayUpsides as I see it:Referral fees that I can stash away for future dealsNetworking with local investors Learning my marketIdeally learn the ropes from a more seasoned investorI wanted to get everyone's feedback or experiences with starting out like this.

Having a large reserve stash will probably help you sleep at night knowing that if an AC goes out this summer you already have the money set aside.  

Stash away as much of that W2 income as you can for down payments, though.