[acousticrock87]

Originally Posted by atsonicpark

You know, I have $8,600 in the bank and by the end of the summer I should have a solid $10,000. I'm looking forward to doing something cool with it -- any ideas? I live at home and pay my mom a little to live here, pay for internet and insurance and food and gas, all together I probably spend $300 a month but make about $1000 working part time. People keep telling me to take my money and invest.. in stock or land or something.. others say to put a down payment on a house... I don't really mind living here for a while, but it's taken me 3 years to get $10,000... and I'll definitely want to move out before I'm at, say, $20,000... so, I definitely want to own a house by the time I'm, say, 24 (so, in the next 2 yearS)...

So, what's a smart thing to do with $10,000 currently? Or should I just keep saving like I've been doing until I move out?

Someone suggested buying a shitty house for cheap and fixing it up but still live at home and just periodically go there and fix it up.. hmm.

I'm not in college, I don't plan on going any time soon, in the future I just want to be a secretary or a mailman, nothing too crazy, just something making a decent wage with good job security, I don't want to be fucking rich or whatever.

I would put a downpayment on a house. Maybe save up a little more until you can downpay an even nicer house. But don't just buy a shitty house up-front, get something you can invest in.

Though I don't know how markets work exactly, so that might be a bad idea at the moment.