Index, stock, RE or keep saving.

[Fareed Khamitov]

Hello world.

Me and my wife are in our early 20. I am 23 she is 21. Right now we both work full time with income of around $50K annually. I am also a full time computer science student in my junior year. Right now we have car payment, mortgage on a single family house that we bought last year and no student debt.

Throughout the years we managed to save $25K. Seems like the more I read the more options we get. "Set for Life" is advising to save, invest in Index Funds and then in RE. "BRRRR" by Mr.Green is advising to save a lot and then buy house cash, and books by R.Kyiosaki are advising to start playing a little in stocks and funds to get used to investing and then get into "big" business or RE and so on. The end goal for us is real estate I know that for sure.

Now the question is: should we keep saving or start investing if not all, but part of it? What would you do in our place?

Thank you all!

[Fareed Khamitov]

Originally posted by @Jaron Walling:

Congrats on being financially stable and making more income than me at 23! You're going in the right direction so don't be in a rush. That's when mistakes are made you're set back years. Personally I would invest in education and learning what niche of real estate you enjoy. Who says you don't find a great commercial property for sale? Maybe you're asked to invest in an apartment syndication? Without knowledge you have nothing. 

Lakeland, FL is a nice area. I have a friend that lived there for 3 years. He said it was expensive but they made some cash when they sold. 

That is my current plan right now, trying to read/listen and attend as much as I can. What books would you recommend?