I 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.
go back and read his first post, the post that started all this.
after doing so, reconsider who you are directing the comment “There are a lot of variables. You need to start thinking outside the box and get off the bully pulpit.” to.
go back and read his first post, the post that started all this.
after doing so, reconsider who you are directing the comment “There are a lot of variables. You need to start thinking outside the box and get off the bully pulpit.” to.
go back and read his first post, the post that started all this.
after doing so, reconsider who you are directing the comment “There are a lot of variables. You need to start thinking outside the box and get off the bully pulpit.” to.
go back and read his first post, the post that started all this.
after doing so, reconsider who you are directing the comment “There are a lot of variables. You need to start thinking outside the box and get off the bully pulpit.” to.
go back and read his first post, the post that started all this.
after doing so, reconsider who you are directing the comment “There are a lot of variables. You need to start thinking outside the box and get off the bully pulpit.” to.
JWM in SD
” you wife is still paying her dues”
Huh? My wife is a PhamD who graduated five years and has been practicing pharmacy business since then. I’m not sure I understand what you mean but I don’t your reference to my wife in this. Leave her out of this or I will rip you a new one like you would not believe.
JWM in SD
” you wife is still paying her dues”
Huh? My wife is a PhamD who graduated five years and has been practicing pharmacy business since then. I’m not sure I understand what you mean but I don’t your reference to my wife in this. Leave her out of this or I will rip you a new one like you would not believe.
JWM in SD
” you wife is still paying her dues”
Huh? My wife is a PhamD who graduated five years and has been practicing pharmacy business since then. I’m not sure I understand what you mean but I don’t your reference to my wife in this. Leave her out of this or I will rip you a new one like you would not believe.
JWM in SD
” you wife is still paying her dues”
Huh? My wife is a PhamD who graduated five years and has been practicing pharmacy business since then. I’m not sure I understand what you mean but I don’t your reference to my wife in this. Leave her out of this or I will rip you a new one like you would not believe.
JWM in SD
” you wife is still paying her dues”
Huh? My wife is a PhamD who graduated five years and has been practicing pharmacy business since then. I’m not sure I understand what you mean but I don’t your reference to my wife in this. Leave her out of this or I will rip you a new one like you would not believe.
