Hello planners I’m 20 years old, living independently, and currently have about 6-700 dollars of disposable income per month after all my expenses.
I plan to save this money for the next 1-2 years (about 20,000) and invest it when the economy crashes. Is this a sound strategy ? My longer term goal is to turn a profit on that investment and then put that money into real estate.
Should I start investing sooner? Will I need more money to meet my goals ? What are the risks associated with this kind of plan? And advise is appreciated thank you.
Submitted December 16, 2018 at 04:50PM by pillowpeddler https://ift.tt/2SXojyH