Here's $20,000 to invest, what do you do!?

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Here's $20,000 to invest, what do you do!?

Ryan Leake
Property Manager · Austin, TX · Member since 2021 · 88 posts · 72 votes

Happy Friday to all! Hoping to open up some good conversation with this... 

Let's say you were handed $20,000 and told to invest the whole amount immediately...

Whether it's real estate or not, what's your plan of attack in today's market?



Excited to hear and learn from everyone's answers! Feel free to be as creative as you want!

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Alex Song
Member since 2022 · 13 posts · 7 votes
4y

Bet on the Warriors to win the finals 

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    4y

    @Ryan Leake

    Buy a mortgage note or do private lending.

    7e investments53 Reviews
    WebsiteView Page
    1Reply
  • Eliott Elias
    Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    4y

    Buy tools and start a contractor business 

    0Reply
  • Bob Ritner
    Specialist · San Clemente, CA · Member since 2014 · 50 posts · 75 votes
    4y

    Funny you should mention that. I just had this situation, as I was sitting on 20k thinking what to do. Given where we may be in this market cycle, and given that where I invest in real estate (SoCal), I can't do anything with $20k. So...... I bought two $10k I-Bonds bearing 9.6%. One in my wife's name and 1 in mine since they have a $10k limit per person per year.

    1Reply
  • Joshua JanusBusiness Member
    Realtor · Cleveland, OH · Member since 2021 · 1k+ posts · 1k+ votes
    4y
    Quote from @Ryan Leake:

    Happy Friday to all! Hoping to open up some good conversation with this... 

    Let's say you were handed $20,000 and told to invest the whole amount immediately...

    Whether it's real estate or not, what's your plan of attack in today's market?



    Excited to hear and learn from everyone's answers! Feel free to be as creative as you want!




    I would house hack!
    [email protected]614-502-5316Podcast Guest on Show From DoorDasher to $1.5 MILLION in Real Estate (All at 22 Years Old!)
    0Reply
  • Ryan Leake
    OP
    Property Manager · Austin, TX · Member since 2021 · 88 posts · 72 votes
    4y
    Quote from @Joshua Janus:
    I would house hack!

    I've definitely thought about it! However, it's tough to make it pencil with $20k in the Bay Area

    0Reply
  • Ryan Leake
    OP
    Property Manager · Austin, TX · Member since 2021 · 88 posts · 72 votes
    4y
    Quote from @Bob Ritner:

    Funny you should mention that. I just had this situation, as I was sitting on 20k thinking what to do. Given where we may be in this market cycle, and given that where I invest in real estate (SoCal), I can't do anything with $20k. So...... I bought two $10k I-Bonds bearing 9.6%. One in my wife's name and 1 in mine since they have a $10k limit per person per year.

    Interested to learn more about this! In a time where investors are looking for more stability, this seems like it could be a solid approach. Any idea what your exit plan might look like for these?

    0Reply
  • Alex Song
    Member since 2022 · 13 posts · 7 votes
    4y

    Bet on the Warriors to win the finals 

    2Reply
  • Darius Ogloza
    Investor · Marin County California · Member since 2018 · 1k+ posts · 2k+ votes
    4y

    @Ryan Leake Listen to @Bob Ritner.  Ibonds are unbeatable right now.  

    The worst mistake you can make is going into a direct real estate investment undercapitalized.  

    Build your stash and educate yourself in the mean time.  

    1Reply
  • Ryan Leake
    OP
    Property Manager · Austin, TX · Member since 2021 · 88 posts · 72 votes
    4y
    Quote from @Alex Song

    Bet on the Warriors to win the finals 

    Hahaha I love the thought of that... Go Dubs!

    0Reply
  • Ryan Leake
    OP
    Property Manager · Austin, TX · Member since 2021 · 88 posts · 72 votes
    4y
    Quote from @Darius Ogloza

    @Ryan Leake Listen to @Bob Ritner.  Ibonds are unbeatable right now.  

    The worst mistake you can make is going into a direct real estate investment undercapitalized.  

    Build your stash and educate yourself in the mean time.  

    Doing my research now and liked what I'm seeing with I-Bonds. The only caveat I've found is the variable rate after 6 months but with the rate currently at 9.62%, there appears to be some cushion.

    Appreciate the guidance and hope to see you around the Marin parts one of these days!

    0Reply
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