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 - 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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