Where to invest though? I tried the stock market and lost money

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  • #83798 Reply
    Sean

      Investing it all into the stock market into a low cost index fund could get you to be able to retire decently in 10 years or so.

      #83799 Reply
      Elizabeth

        I tried the stock market and lost money” tells me you do not understand the stock market. Maybe read up a bit. I know folks in here can recommend some books!

        #83800 Reply
        Michael

          With your level of experience in real estate, I’m guessing you have seen prices rise and clients of yours build significant wealth through purchases and holds of real estate.

          You understand your weaknesses and limitations, which is admirable. However, through your connections over the years, I’m betting that you could partner with a current or former client.

          Your role could be to find the location and get it under contract. Your partner is in charge of managing it over the term of the partnership. Both of you contribute funds towards the down payment and the qualifying of the mortgage.

          In less than 10 years, depending on your market, you can build wealth through real estate assets and cash flow to one day replace your income.

          Useful: Everyone always says: Investing in real estate is the best way to grow wealth

          #83801 Reply
          Monique

            Focus on your investing education. If you want more passive investing. Selling the property and putting part in an S& P 500 index fund and part in syndications are great options. You might need an FA too look over your entire situation tho.

            You can check also: What do you guys know about annuity investment?

            #83802 Reply
            Sophia

              Read about what you’re doing before following any advice from anyone. Libraries have plenty of books on investing. If you don’t understand investing and just put money in any of the funds people are suggesting, WHEN (not if) it goes down at some point you will probably panic (as most people do) and pull your money out at a loss because you didn’t understand what was happening. Just read read read. Anything. Develop your investing mindset with practice before dumping all your money into any one thing.

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            Reply To: Reply #83799 in Where to invest though? I tried the stock market and lost money
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