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 - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
... [Read Article]
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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