Posted by MarkB_MI on December 04, 2012 at 03:08:16 from (75.219.126.34):
In Reply to: In a Quandry. posted by Dalet on December 03, 2012 at 18:06:35:
As an investment? They both stink. Collectibles are fine as a hobby, but don't expect any big returns. Non-income real estate is a losing proposition: you're betting that land prices will rise enough to recover what you lose in taxes and lost income on your investment. And farmland prices are sky-high right, now; there's no way you can buy farmland then turn around and rent it at a profit.
What's a good investment right now? Rental homes, particularly in areas where housing prices are severely depressed. Buy them cheap, fix them up and rent them out. It is WORK, but can be very profitable.
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