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| Topic | Invest in stocks, or try to get a condo? |
| foolm0r0n 03/29/21 1:34:35 PM #22: | I just bought a house that's technically a condo. I think it's a good investment but it really has to be in the right market. All the markets are insanely inflated and hard to buy in right now, but LA is going to be one of the worst buyers' markets in the entire country, plus so many people are fleeing the city that the future returns are not as attractive. For example I heard San Diego is really good due to all the LA exiles going there. But in general, yes invest in stocks by default. It's 8-11% per year, despite massive economic depression, and shows no indication of changing. Not sure why you have 50k in savings. You should have 3 months worth in liquid emergency cash at most. (Stocks are highly liquid anyway so it can even be 1-2 months) --- _foolmo_ he says listen to my story this maybe are last chance ... Copied to Clipboard! |
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