A friend of mine was telling me that he has $300k saved up and he wanted to see if I have any advice for him as far as what he can do with it. It got me thinking, you hear a lot about how cash is king these days, but what can really be done with $300k? Buy a commercial property? You have to pay 30% down, so $300k would buy you a $900k property, which isn't much in CA real estate market. And who's gonna rent it? Seems like there are plenty vacant ones already. Invest in stocks, that would be a total roller coaster ride? Start a startup?
The sad truth that I realized last night was that $300k isn't a lot of money these days.
What do you gals/guys think he should do with the money?
DISCLAIMER:
This is a fake account to keep my friends identity confidential.
The sad truth that I realized last night was that $300k isn't a lot of money these days.
What do you gals/guys think he should do with the money?
DISCLAIMER: This is a fake account to keep my friends identity confidential.