- This topic has 485 replies, 32 voices, and was last updated 16 years, 8 months ago by JWM in SD.
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March 4, 2008 at 8:45 AM #164271March 4, 2008 at 9:02 AM #163867NavydocParticipant
Bought a CD in Dec, 4.8%. No hassles with tenants either. By the way, I’m not slamming him at all. If he’s able to make it work that’s fine. People with lots of cash did fine in the Great Depression if they played their cards right.
March 4, 2008 at 9:02 AM #164178NavydocParticipantBought a CD in Dec, 4.8%. No hassles with tenants either. By the way, I’m not slamming him at all. If he’s able to make it work that’s fine. People with lots of cash did fine in the Great Depression if they played their cards right.
March 4, 2008 at 9:02 AM #164189NavydocParticipantBought a CD in Dec, 4.8%. No hassles with tenants either. By the way, I’m not slamming him at all. If he’s able to make it work that’s fine. People with lots of cash did fine in the Great Depression if they played their cards right.
March 4, 2008 at 9:02 AM #164200NavydocParticipantBought a CD in Dec, 4.8%. No hassles with tenants either. By the way, I’m not slamming him at all. If he’s able to make it work that’s fine. People with lots of cash did fine in the Great Depression if they played their cards right.
March 4, 2008 at 9:02 AM #164281NavydocParticipantBought a CD in Dec, 4.8%. No hassles with tenants either. By the way, I’m not slamming him at all. If he’s able to make it work that’s fine. People with lots of cash did fine in the Great Depression if they played their cards right.
March 4, 2008 at 9:04 AM #163873JWM in SDParticipantRaybyrnes,
You just don’t get it do you?
March 4, 2008 at 9:04 AM #164183JWM in SDParticipantRaybyrnes,
You just don’t get it do you?
March 4, 2008 at 9:04 AM #164194JWM in SDParticipantRaybyrnes,
You just don’t get it do you?
March 4, 2008 at 9:04 AM #164204JWM in SDParticipantRaybyrnes,
You just don’t get it do you?
March 4, 2008 at 9:04 AM #164286JWM in SDParticipantRaybyrnes,
You just don’t get it do you?
March 4, 2008 at 9:23 AM #163892RaybyrnesParticipantI get it. His situation is different than mine. He says that he has an investment that he is comfortable with that is going to provide a steady stream of cash flow. He has lots of cash and this is just one addiotnal hedge agains the broader market.
Your situation is different than his. You don’t have job stability at the moment and you wife is still paying her dues. You don’t have the same luxury that a high net worth individual has with respect to asset allocation. Long term real estate is a hedge against inflation. I would have suggested precious metals as an alternative asset class but they have had a pretty good run already.
I do agree that that the probability of making a profit on real estate in the short term is small but if someone wants to roll the dice than so be it.
Additonally I will go one step further. My brother n law has an allowance for corporate housing that he has to use. If I knew he his budget is 3800 and it is a 3 year assignement then if I reasonably knew if was a sure thing he would be there for the 3 years and I could cash flow out at 400 a month on money that would ahve been sitting in taxable, low yielding MMA then it might look more attrative.
There are a lot of variables. You need to start thinking outside the box and get off the bully pulpit.March 4, 2008 at 9:23 AM #164202RaybyrnesParticipantI get it. His situation is different than mine. He says that he has an investment that he is comfortable with that is going to provide a steady stream of cash flow. He has lots of cash and this is just one addiotnal hedge agains the broader market.
Your situation is different than his. You don’t have job stability at the moment and you wife is still paying her dues. You don’t have the same luxury that a high net worth individual has with respect to asset allocation. Long term real estate is a hedge against inflation. I would have suggested precious metals as an alternative asset class but they have had a pretty good run already.
I do agree that that the probability of making a profit on real estate in the short term is small but if someone wants to roll the dice than so be it.
Additonally I will go one step further. My brother n law has an allowance for corporate housing that he has to use. If I knew he his budget is 3800 and it is a 3 year assignement then if I reasonably knew if was a sure thing he would be there for the 3 years and I could cash flow out at 400 a month on money that would ahve been sitting in taxable, low yielding MMA then it might look more attrative.
There are a lot of variables. You need to start thinking outside the box and get off the bully pulpit.March 4, 2008 at 9:23 AM #164215RaybyrnesParticipantI get it. His situation is different than mine. He says that he has an investment that he is comfortable with that is going to provide a steady stream of cash flow. He has lots of cash and this is just one addiotnal hedge agains the broader market.
Your situation is different than his. You don’t have job stability at the moment and you wife is still paying her dues. You don’t have the same luxury that a high net worth individual has with respect to asset allocation. Long term real estate is a hedge against inflation. I would have suggested precious metals as an alternative asset class but they have had a pretty good run already.
I do agree that that the probability of making a profit on real estate in the short term is small but if someone wants to roll the dice than so be it.
Additonally I will go one step further. My brother n law has an allowance for corporate housing that he has to use. If I knew he his budget is 3800 and it is a 3 year assignement then if I reasonably knew if was a sure thing he would be there for the 3 years and I could cash flow out at 400 a month on money that would ahve been sitting in taxable, low yielding MMA then it might look more attrative.
There are a lot of variables. You need to start thinking outside the box and get off the bully pulpit.March 4, 2008 at 9:23 AM #164225RaybyrnesParticipantI get it. His situation is different than mine. He says that he has an investment that he is comfortable with that is going to provide a steady stream of cash flow. He has lots of cash and this is just one addiotnal hedge agains the broader market.
Your situation is different than his. You don’t have job stability at the moment and you wife is still paying her dues. You don’t have the same luxury that a high net worth individual has with respect to asset allocation. Long term real estate is a hedge against inflation. I would have suggested precious metals as an alternative asset class but they have had a pretty good run already.
I do agree that that the probability of making a profit on real estate in the short term is small but if someone wants to roll the dice than so be it.
Additonally I will go one step further. My brother n law has an allowance for corporate housing that he has to use. If I knew he his budget is 3800 and it is a 3 year assignement then if I reasonably knew if was a sure thing he would be there for the 3 years and I could cash flow out at 400 a month on money that would ahve been sitting in taxable, low yielding MMA then it might look more attrative.
There are a lot of variables. You need to start thinking outside the box and get off the bully pulpit. -
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