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? asked in Business & FinanceInvesting · 5 years ago

What's the first step to investing some of my 20k in stocks or real estate? I wanna put it to good use instead of having it sit in the bank?

Update:

I am 23 years old with 20k, and I don't really know how investing works and whatnot, but i Have a serious interest in it. What are some websites or some people I can talk to to start right away?

3 Answers

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  • Robt
    Lv 7
    5 years ago

    Get a library card and spend some months reading learning how to invest Smart.

    Visit Dave Ramsey website for enlightenment education about money debts credit investment

  • Adam J
    Lv 6
    5 years ago

    Open a brokerage account. Barron's has a list of brokerages--in general you'll want to look for one with low fees.

  • Ziff Spiffington
    Lv 7
    5 years ago

    you need a LOT of income, cash and good credit to buy real estate

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