Posted by Dean Olson on December 09, 2012 at 08:25:24 from (98.196.66.64):
In Reply to: O/T Investing opinions posted by 55 50 Ron on December 08, 2012 at 11:25:04:
Income producing real estate.
In my case rent houses and a boat/rv storage lot.
I also buy "stuff" that I need and will use eventually. It has to store well. With the dollar devaluing and inflation I think our money is worth about 6-10% less every year.
I also speculate on some things. Guns and antique tractors to name a couple. I get to use both and given enough time I've been able to sell for more than I pd.
I have believe investing in the stock market is letting strangers manage your money. That rarely works out.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don�t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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