Updated about 9 hours ago on . Most recent reply

Financial advice on saving money to invest in RE
Looking for a financial advisor to talk to. I need advice on making an investment plan. I have 95k in retirement funds. I have 65k in stocks, 25k in cash. Currently put 18K annually into employer retirement, 10.5k annually into savings. I want to invest into RE. Does it make sense to back off on employer retirement contributions and save more cash? I can't use a self-directed IRA, as I am still employed with company that holds that bucket of money. There would be tax implications as my retirement lowers my taxable income. Any advice or recommendations on whom I could talk to.
Thanks
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I think we're all on this site because we intuitively are 1) motivated to build wealth and 2) know that RE is a great way to generate that wealth. But I've also learned that there is a large disparity between between the majority of people on here, and the few who are really knocking it out of the park.
There are a number of studies that show that a simple stock market investment, net of fees can outperform real estate over time. But these studies never really capture the nuance of real life.
For example, I have one short term rental property. I previously aspired to have more, but I'm not sure now. I have 8 kids from a blended family. Two who have eating disorders and tons of responsibilities. If I could go back, I would rather have the cash & time back from this investment property. I'm constantly stuck between wanting to sell it, or hold it for the long term.
Whereas, if I dump money into the market, it's pretty simple. I don't have to think much about it. But I'm also not trying to leave generational wealth. I'm just trying to live a happy and balanced life.
Lots and lots of stuff to think through when it comes to where to invest. I think it's always best to start with trying to narrow down what you really want in life. What brings you peace & happiness, then go from there...