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    1. Randell Tiongson
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    5. Randell Tiongson

      With only a 2 year horizon, it is risky to invest in market driven assets like stocks and pooled funds. You can opt for SDAs (available in banks) but rates are not that great. Continue to set aside that 60k and you'll get there.

    6. Randell Tiongson

      Scan the area first, do a research on potential business, find out standard rental rates, etc. Do the math first. Getting locked into a long term obligation will require more study. Off hand, I would say raise your capital first so that you would not have to borrow much. The interest you pay will largely diminish the growth or even negate it.

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    8. Randell Tiongson

      Congrats, not many 22 year olds have those. Just continue building on those investments, add on to it on a regular basis so you can average your cost. Also, don't forget to diversify.

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Randell Tiongson’s Bio

Personal Finance Coach & Educator

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