Key insights
- The post discusses investment options for a risk-averse individual with limited savings, high debt, and significant future expenses. The suggestions, such as ADU construction, franchise purchase, or house flipping, are highly specific to the individual's circumstances and location. The overall tone reflects financial strain, which could translate to reduced consumer spending and potentially negatively impact certain sectors. However, the direct impact on the broader US equity market is minimal.
If you had 100k to invest….what would you do with it? I need this to be low risk. I’m not looking to gamble on something that could make me a million dollars in a year or lose it all. No crypto. I have a 600k mortgage at 6%, a couple cars at 5%, and 3 kids to put through college and help pay for weddings. I need something that will create passive income or maybe double my money in like 5-8 years. I make about 100k a year but w 3 kids and California cost of living I’m living paycheck to paycheck. This is ALL my savings. I guess I may only have 80k to invest, but anyway…..things I’ve thought of:
Build an ADU and rent it out. (I have the space and a contractor in the family)
Buy a franchise or split it with someone. (Which one??)
Buy a crappy house and flip it. (Have contractor)
I really want to start a business, but I don’t know how.
Thank you!!