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Investing in Real Estate with Clayton Morris | Investing for Beginners

977: Q&A: How Can I Get Started Investing with $10k? - Episode 977

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Investing, How To, News, Education, Business, Business News

4.11.1K Ratings

🗓️ 28 August 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

Today's first caller has $10k in reserves. What's the best way to get started investing with that amount of capital? On today's show, I'm answering this question, and more!

This Q&A edition of Investing in Real Estate features three great listener questions on getting started investing with $10k, how to stay focused when your goal is to build wealth, and how to nurture your portfolio by weeding out underperforming assets. Click play to hear my answers to your investing questions!

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome in everyone to the Investing in Real Estate Show. I'm Clayton Morris. On this

0:09.6

episode we take your questions and we answer them here on the show. We've got three great questions about real estate investing from our listeners

0:16.5

And on this show we aim to make you a more intelligent investor overall not just in real estate, but what's happening geopolitically what's happening in the

0:23.1

broader markets as we enter into the fall of this year of 2023.

0:28.0

So we hope that you've had a wonderful summer.

0:29.8

The summer is now drawing to a close here at the end of August and there's a lot to get back to I was get excited for the fall

0:35.9

kids go back to school I get back to work

0:38.3

It's a good good working month in the month of September. I know it's like oh, we don't't want to do that, but yes, it's good time. I like to be motivated and working hard. That's what I love to do. And I hope you guys are in that same mode because we have some good investing talk to get into today on the show. So if you'd like to leave us a voicemail question, you can always do that.

0:55.5

Go to our website, go to Morris Invest.com, and there's so many great resources on that page.

1:00.4

You should hang out a little bit. but if you just want to leave a

1:02.7

voicemail question there's a microphone icon on the right side of your screen just

1:05.9

click on that drop us a 30 second voicemail and we will play it here on the show and

1:11.0

while you're there please download our free freedom cheat sheet

1:14.4

it's totally free it's like three pages long it could change your life just go to

1:18.4

Morris Invest.com slash freedom and download it it'll teach you how to figure out your freedom number.

1:25.8

What is the number that you need to achieve in order to create financial freedom?

1:30.5

You know, how much cash flow every month would you need from rental properties in order to live financially free that's what the cheat sheet does

1:36.7

for you. So again totally free. All right. We've got three great questions from our viewers. Let's listen now to Juan.

1:44.0

Hello Clayton. This is Juan. I'm wondering about where to invest my money in, I have close to $10,000. I am looking for either real estate or whether it's a good idea to invest in building a construction company.

2:06.5

I'm a construction worker. I have minimum knowledge about pretty much everything in the stock market

2:12.3

or real estate.

2:15.0

I just want your advice and I would really appreciate it if you would give me your idea.

...

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