My thoughts on rental properties:
Normally I love them and compleletly agree with Ruth about the availability of great
deals.
I have some troubles with it though. First, because there are so many houses people
can't sell there is more supply of rentals than demand. Our house is for sale and...
Quote:
This is nowhere near the great depression that so many here love to point out.
To begin with the government is bailing out the banks. People have access to their
deposits in 99% of the cases. The FDIC didn't exist in 1929 when the market took
a plunge which started the run on banks...
I have WHAT in my yard? :
In 20 years things will have rebounded, but don't expect things to look as if they grew for the last ten years. At this point it looks like the last ten years never happened in terms of growth.
Just be careful of falling into the "Stock market is the economy"...
Other than jumping in and out of a few individual stocks I kept my 401k money
in money market funds. This went against popular opinion, especially for someone
in his thirties. I find populay opinion is usually wrong. My 401 did fine. It's small
but it's still there.
Now since 3/2000 when...