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 - Restoration Story: 1964 JD 2010 Dsl - Part 2 - by Jim Nielsen. Despite having to disassemble the majority of my John Deere 2010's diesel engine, I was still hopeful I could leave the engine-complete with crankshaft and camshaft-in the tractor. This would make the whole engine rebuild job much easier-and much less expensive! I soon found however, that the #4 conrod bearing had disintegrated, taking with it chunks of the crankshaft journal. As a resul
... [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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