Real estate may crash, but that's when more people need a place to rent. When I started out in 1979 I got $125 for first house. Still own it, getting $600 out of it. Rental property is almost inflation proof reguardless what you can sell it for.
If you can get all your places paid for, you already know the secret to investing. My first place paid for my second place and so on. I went over 30 years before I used any rental money for personal reasons. It helped me retire at 55.
Don't put all your eggs in one basket. I worked for 31 years. I draw a pension.
Nothing wrong with being self-employed if you can also figure out how to draw a pension or provide income without working. At some point you won't be able do physical work.
I hire a lot of work done that I used to do. My old body likes it, but it pinches the wallet nerve a little. George
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Today's Featured Article - Product Review: Black Tire Paint - by Staff. I have been fortunate in that two of my tractors have had rear tires that were in great shape when I bought the tractor. My model "H" even had the old style fronts with plenty of tread. My "L" fronts were mismatched Sears Guardsman snow tires, which I promptly tossed. Well, although these tires were in good shape as far as tread was concerned, they looked real sad. All were flat, but new tubes fixed that. In addition to years and years of scuffing and fading, they had paint splattered on
... [Read Article]
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