Posted by picassomcp on January 01, 2014 at 17:45:18 from (50.107.42.233):
First off, a bit of info about myself, born poor, parents were uneducated and had factory jobs. We had a decent house, older vehicles but got by fine. There was never any extra money and certainly no money to invest with. Now,
I'm 35, self employed, financially stable, own 10 rental properties, (8 with mortgages) most purchased in the last 5 years. I am always looking to buy more real estate as I know it well, and I have seen it work well for me. I would however like to diversify my investments just in case Real Estate takes a total dive. I don't see Real Estate crashing as likely, but certainly possible and want to protect myself from that.
I love the subject of money and business, but I don't have any real life experience of crashes, recessions, market shifts, etc. I don't even have stories from my parents to go off of. I am looking for the advice of someone say 50+ who has seen ups and downs, recessions, booms and busts, and with that in mind, I would like to ask:
If you were in my shoes (35 years old) and had some money to invest where would you put it??
My goal is to find a place that is capable of decent return, even if it needs to be monitored regularly. I am very open minded and would love to hear any serious ideas that you may have.
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