Ask Paula: Should I Invest During the Pandemic?

Published: May 1, 2020, 4:12 p.m.

#254: Lydia earns income as both a 1099 contract worker and a part-time W2 employee. She filed for unemployment as a W2 worker, but can\u2019t find information on how to file as a contractor. Is there a process contractors can follow to file for unemployment?\nFlorina and her husband have $70,000 in cash to invest. Where should they put this money in light of the current market?\nAli and his wife saved eight months of living expenses in their emergency fund in case they get laid off during the pandemic. Is this too excessive?\nDanielle wants to take advantage of pandemic stock prices - what should she invest in?\nAnonymous in Real Estate wants to buy a multifamily property with the equity in their first rental as a downpayment. Their husband doesn\u2019t want three mortgages. Should they accelerate mortgage pay-down and be one mortgage down in four years?\nI answer these five questions in today\u2019s episode. Enjoy!\nFor more information, visit the show notes at https://affordanything.com/episode254\nLearn more about your ad choices. Visit podcastchoices.com/adchoices