# Any investors in the house?

**URL:** <https://forums.speedlife.net/t/any-investors-in-the-house/24376>\
**Category:** NYSpeed Off Topic\
**Created:** [February 11, 2007, 6:53am UTC](https://forums.speedlife.net/t/any-investors-in-the-house/24376 "2007-02-11T06:53:28Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![ieatpaint](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ieatpaint/32/7311_2.png) [@ieatpaint](https://forums.speedlife.net/u/ieatpaint)\
**Post date:** [February 11, 2007, 6:53am UTC](https://forums.speedlife.net/t/any-investors-in-the-house/24376/1 "2007-02-11T06:53:28Z")

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I’ve been doing some reading about stocks and the like and I’ve got a few questions that I wouldn’t mind sitting down with someone about. I’m looking at making some investments that I can cash in on in approx 7-8yrs when it’s home buying time. That’s why I figure stock market and mutual funds, probably 80%/20%, respectively, of what I decide to invest. I have an emergency fund, and I’ll start an IRA once I get into more of a career setting.

I’ll be using part of my bonus check from work, which comes in mid-may. I don’t want to blow it all incase something goes wrong, so I’m thinking a “safe” start is investing $1000, fees will be paid seperately, so I’ll actually invest 1K.

And before anyone says anything, by home-buying I don’t expect 1k to turn into 50k in 7yrs to buy a house, I meant as helping with a down-payment.

-Ryan

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [February 11, 2007, 10:58am UTC](https://forums.speedlife.net/t/any-investors-in-the-house/24376/2 "2007-02-11T10:58:46Z")

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if you’re only starting with around 1k your best bet is to go all mutual funds. There’s no chance of possibly having anything close to a diversified portfolio with that much, so you’re putting yourself at a lot of unnecessary risk. Unless you want to go for the home run and put it all in around 2 stocks, but you could lose most of it really quick.