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<p>[QUOTE="chascat, post: 2422186, member: 76792"]I own rental properties, it,s no picnic....in best case, you can turn a profit, but some cases are not of best. Money invested in diversified mutual funds is by far the best way to save for a retirement if you,r still young. Never panic and sell off your fund as you will loose your fees and your number of shares. I have so far invested only about $25,000 and the return has been over 100,000 and the funds are still worth over $70,000! As for the rentals, my overall return has been maybe 20% of what the mutual funds have returned. If I knew then what I know now, it all would be in the funds. Not to mention the LABOR involved with rentals is tremendous and totally non-productive time spent and NEVER recoverable. In the past 10 years, rents have dropped about 33% while the stock market has gone up about the same...it,s not rocket science when you do the math.[/QUOTE]</p><p><br /></p>
[QUOTE="chascat, post: 2422186, member: 76792"]I own rental properties, it,s no picnic....in best case, you can turn a profit, but some cases are not of best. Money invested in diversified mutual funds is by far the best way to save for a retirement if you,r still young. Never panic and sell off your fund as you will loose your fees and your number of shares. I have so far invested only about $25,000 and the return has been over 100,000 and the funds are still worth over $70,000! As for the rentals, my overall return has been maybe 20% of what the mutual funds have returned. If I knew then what I know now, it all would be in the funds. Not to mention the LABOR involved with rentals is tremendous and totally non-productive time spent and NEVER recoverable. In the past 10 years, rents have dropped about 33% while the stock market has gone up about the same...it,s not rocket science when you do the math.[/QUOTE]
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