How would you spend this money - life finances

[martamae]

Oh! Retirement. We're at about 475k in retirement last time I checked.

[jamaicam]

I can't help with any details but it is possible to invest ethically. I also don't have a lot but I am choosing what stocks to buy along with my adviser on certain principles - so I don't buy any stocks related to arms, oil or gambling as a starting place. I bought stocks in a wind farm recently. Just a few ideas.

It is a bit harder and you do get a few raised eyebrows, but it is important to me so I did some research and figured out what worked for me.

[Cappy]

Have you considered a buy and hold real estate rental? Not sure if this is your cup of tea but just something to consider.

[martamae]

Cappy , We haven't. Are you aware of any resources for looking into that? I'm assuming we'd be talking an apartment or condo?

[martamae]

Jan 17, 2020 10:34:00 GMT -5 Cappy said:

Jan 17, 2020 10:24:36 GMT -5 martamae said:

Cappy , We haven't. Are you aware of any resources for looking into that? I'm assuming we'd be talking an apartment or condo?

I'm in the LCOL Midwest so 30k would buy half of a 2br college rental house where I work, but it could also be a down payment on some other types of housing units -- particularly if you are willing to buy out of your area and have a property manager. A great starter resource -- and just amazing money blog/podcast -- is Afford Anything with Paula Pant. She has heaps of free info on getting started in real estate investing and listening/reading might spark other investment ideas of you are not wanting to be a landlord.



affordanything.com/

Thank you.