Do any of you invest in silver and gold? NO! Don't invest in tractors, guns, knifes, or cars. I consider those items necessary, not investments. A saving account at 0.25% interest isn't an investment either. Just a safe place to keep operating capital to backup checking accounts.
Even after the 2008 downturn and recent correction in Market I've made more money there than in my real estate investments. Real estate investments is a more steady income and my rents have increased 4x+ in 40 years. So has inflation, taxes, insurance, operating costs increased.
If you don't know what you are doing, you can lose your butt in both the market and real estate.
If there is ever a Great Depression, our market totally fails, World markets will fail too, you can kiss everything goodby. Gold won't do you any good. Need someplace to live, invest there. Want to make money, pay everything off and stop paying interest. Get rid of credit card debt.
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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.
... [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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