How to Invest $10K–$100K (Grow Your Nest Egg FAST!) [Video]

Episode #448

Want to know how to invest $10K, $25K, $50K, or even $100K? The average American household has $41,600 saved. While that’s a decent chunk of cash, it’s not working very hard for you by sitting in a savings account, is it? Fortunately, there are all types of ways to invest that money and grow your nest egg much faster!

Welcome back to the “BiggerPockets Money” podcast! In this “sequel” to our $100-$5,000 episode (link below), we’re looking at ways to invest a much larger amount of money—$10,000-$100,000. Scott and Mindy are joined by guest hosts Kyle Mast and James Dainard, who share their own expertise on where to allocate your capital. Even with the diverse perspectives, all of our hosts agree: don’t just sink your money into your primary residence or fancy car and call yourself a millionaire!

The moves you make today could determine your financial future. Stay tuned as our hosts offer active and passive investing ideas to consider, depending on your risk tolerance. You’ll also learn how to get one-hundred percent financing for real estate deals, ways to build (or buy!) a profitable business, and essential tax planning tips at various income levels!

Show Notes at:
https://www.biggerpockets.com/blog/money-448?utm_source=youtube&utm_medium=description&utm_campaign=none
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Books Mentioned in This Episode:
“30-Day Stay”: https://store.biggerpockets.com/products/30-day-stay?utm_source=youtube&utm_medium=description&utm_campaign=none
“Lend to Live”: https://store.biggerpockets.com/products/lend-to-live?utm_source=owned_media
“Short-Term Rental, Long-Term Wealth”: https://store.biggerpockets.com/collections/all-books/products/short-term-rental-long-term-wealth?utm_source=owned_media
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The Beginner’s Guide to Investing (Start with Just $100!):
https://www.biggerpockets.com/blog/money-438?utm_source=youtube&utm_medium=description&utm_campaign=none
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Codie Sanchez: These “Boring Businesses” Will Make You Rich: https://www.biggerpockets.com/blog/money-416?utm_source=youtube&utm_medium=description&utm_campaign=none
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How to Build Yourself a 6-Figure Income Stream:
https://www.biggerpockets.com/blog/money-325?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Kyle:
Twitter: @whoiskylemast or https://twitter.com/whoiskylemast
Website: https://www.kylemast.com/
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Connect with James:
BiggerPockets: https://www.biggerpockets.com/users/jdainflips?utm_source=youtube&utm_medium=description&utm_campaign=none
Instagram: @jdainflips or https://www.instagram.com/jdainflips
Website: https://jamesdainard.com/
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Want to Be a Guest on the BiggerPockets Money Show? Apply Here:
Guests: https://www.biggerpockets.com/guest?utm_source=youtube&utm_medium=description&utm_campaign=none
Finance Friday: https://www.biggerpockets.com/financereview?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Scott and Mindy on BiggerPockets:
Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none
Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none

00:00 Intro

01:04 Money Moment

04:32 How to Invest $10,000

16:01 How to Invest $25,000

28:18 How to Invest $50,000

37:14 How to Invest $100,000

52:42 SAVE Your Money!

54:47 Connect with James and Kyle!