Where should I invest $15,000??????

[mommabear2]

Real estate can be a great investment if you know what you are doing. I own investment property and it has made me $$$$+. BUT, 15K may not do much for you, you may need more in order for it to pencil out. You could increase your 15K and invest it into re when you have a serious amount, depending on what you want to buy and where you are.

[WallStreetWarrior]

Yeah, I'm no expert on real estate investment, but I don't believe $15,000 will take you bery far. I'll agree with a few other posters here and suggest a no-load mutual fund. Your best bet would be a mid-cap value or blend. Lower risk, lower return, but hey, I think it beats a CD any day, and you'll be able to profit and save more until you can figure out seriously where you want this real estate investment business to go.

[GreenMachine]

Originally Posted by NOTSNOTTY

I was going to buy a piece of property. Is that a good investment?

You need to supply more information. How old are you? How much money do you have invested in retirement right now? Do you have any outstanding credit card bills? Why do you think you need to buy a home?

greenie

[scirocco22]

Did you mean $150,000?

I can't imagine what you could purchase on Whidbey Island for $15,000. An RV space would cost more than that.

--'rocco