I don’t really want to increase my net worth. I’m looking for an income indexed to inflation of maybe $50 to $100k per year from real estate rentals. I don’t care what the rentals themselves are worth so long as people are happy to pay to rent them. Honestly, in the unlikely situation that I could profit from underwater properties (say low rates turning high), I’d still be OK with it. Not as if I care about anyone inheriting.
Then I can kick back, collect rents, travel a bit, drink/party, and putter around some properties. I really don’t need more to be happy, especially since I never plan on having kids or marrying. I’m perfectly happy with not having the best. A 10 year old TV, 20 year old car, and 1 bedroom home is enough for me, so I can live cheaply using the Craigslist and thrift-store castoffs of polite society.
I have no life aspirations beyond the above any more. It’s not an intellectual life, probably a boring life, but it’s a life aspiration.
