Millennial Money: Prepping to buy a home or invest in 2023?

📆 12/13/2022 10:13 PM
📰 OttawaCitizen

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It has been quite the year. In 2022, we’ve lived through high inflation, stock market lows, housing market frenzies and ongoing Federal Reserve rate hikes.…

Homeownership may still be an attainable goal, but you might have to make some sacrifices, says Zaneilia Harris, a certified financial planner and president of Harris & Harris Wealth Management Group in Upper Marlboro, Maryland.Article content

Members can also buy their homes at a below-market interest rate. The program is currently in 28 states and the District of Columbia.Article content Keep diversification in mind, says Wright. Diversification is when you invest in a variety of assets to manage risk and market volatility. The FTX and BlockFi collapses that happened in November are a reminder about why to avoid investing too heavily in one area.

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