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<p>[QUOTE="flydl2atl, post: 774022, member: 18355"]Why not go rob a bank instead of preying on the poor by getting them to sell their house for below market value. </p><p><br /></p><p>Moreover, as a someone who owns a rental condo - I can tell you that rental properties are not all they are cracked up to be and the return isn't really that great. And since housing on average is still unafforadable (historical average is 2.5-3X average income) - there is the potential for further downside - so you may end up with negative cashflow.</p><p><br /></p><p>Given the record amount of debt at the consumer, business, and government level a strong case can be made for investing in bullion coins. The fact that people look back and talk about how great stocks or real estate has no bearing on what's best in the future.</p><p><br /></p><p>The best course of action is to diversify and focus on preserving your wealth instead of focusing on getting a great return - so yes invest in some bullion coins...buy stocks that have a solid recession proof business model...keep some close in cds at a credit union etc....</p><p><br /></p><p>And always invest in the lives of others. Good Luck![/QUOTE]</p><p><br /></p>
[QUOTE="flydl2atl, post: 774022, member: 18355"]Why not go rob a bank instead of preying on the poor by getting them to sell their house for below market value. Moreover, as a someone who owns a rental condo - I can tell you that rental properties are not all they are cracked up to be and the return isn't really that great. And since housing on average is still unafforadable (historical average is 2.5-3X average income) - there is the potential for further downside - so you may end up with negative cashflow. Given the record amount of debt at the consumer, business, and government level a strong case can be made for investing in bullion coins. The fact that people look back and talk about how great stocks or real estate has no bearing on what's best in the future. The best course of action is to diversify and focus on preserving your wealth instead of focusing on getting a great return - so yes invest in some bullion coins...buy stocks that have a solid recession proof business model...keep some close in cds at a credit union etc.... And always invest in the lives of others. Good Luck![/QUOTE]
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