Pretty much agree residental property will likely be the better buy, and if younger would seriously consider making an investment. But regardless of the potential returns I'm not going to hassle with home rentals primarily because it isn't financially necessary. If younger and required further capital appreciation it looks like a good avenue. I could take a hit on buying farm real estate at today's prices, but have enough already invested that unless I went crazy it wouldn't be such a painful blow. Believe significant inflation is on the horizon and much better to have hard assets rather than cash. Gold is OK but only an inflation hedge not for capital appreciation.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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