It's a great problem to have, most would agree. Through an inheritance, life insurance proceeds, the sale of a property or other sources of income, suddenly you have $50,000 you want to invest -- and you want to do it wisely.
So let's say you've got the basics down. You've decided you're a moderately aggressive investor looking for growth, and you've researched and chosen a couple of initial investments. Are you ready to buy? Not quite.
As a first-time investor, even if you understand how the stock market works, you might not know how to play the market wisely. Luckily, there are apps designed specifically for novice investors, and the technology is simple to understand.
There is more to life than money - but you already know that. And when you are faced with the option of paying off debt or investing you have to look inside for an answer too. Maybe the numbers do favor holding on to the debt and investing, but how does that leave you feeling?
Unless you've just recently been rescued from decades stranded on a deserted island, you've heard of someone buying, fixing and flipping single family homes. It has long been the staple method for the everyday person to make money in real estate.