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TexChik 路 F
yep for 2 decades. Did very well. We also have rental property (single family homes), a storage place, invested in a couple apartment complexes and hotels.
sarabee1995 路 26-30, F
@TexChik Real Estate is where I'm most comfortable. I don't trust stocks and crypto is just flat out gambling. So far just two condos, but it's a good start I think. :)
TexChik 路 F
@sarabee1995 If you took time to understand the market and what you are investing in, you would be more comfortable. Mac had horrible investments when we married, and it took a year to get them straightened out. Some flat out stole from him and my day job helped with that. I didnt even ask him I just jumped on it. I suspect he knew he had issues there. Real-estate doubles in value every 20 years. That's predictable but slow. Day traders can teach you what you need to know to not have to work after you make some sizeable gains while working. Its their thing. They just watch stocks every work day for a few hours and then go live their lives.
sarabee1995 路 26-30, F
@TexChik But they are interested in stocks. I'm not. So that few hours a day would be much more painful for me.
I was taught that life is a marathon, not a sprint. I'm ready to buy a third condo and I could live in it and have the first two just pay for it. I've run the numbers. That would work. Then my income in my next phase of life would go toward more properties. It's slow and steady growth. More my style.
I was taught that life is a marathon, not a sprint. I'm ready to buy a third condo and I could live in it and have the first two just pay for it. I've run the numbers. That would work. Then my income in my next phase of life would go toward more properties. It's slow and steady growth. More my style.
TexChik 路 F
@sarabee1995 It was easier for me because I married into it. A genius with an inheritance and no money sense. My first firm matched whatever put into my 401 K. I put my entire salary in there. After 17 years , it was a pretty penny when I left there.