Do any of you invest in silver and gold? NO! Don't invest in tractors, guns, knifes, or cars. I consider those items necessary, not investments. A saving account at 0.25% interest isn't an investment either. Just a safe place to keep operating capital to backup checking accounts.
Even after the 2008 downturn and recent correction in Market I've made more money there than in my real estate investments. Real estate investments is a more steady income and my rents have increased 4x+ in 40 years. So has inflation, taxes, insurance, operating costs increased.
If you don't know what you are doing, you can lose your butt in both the market and real estate.
If there is ever a Great Depression, our market totally fails, World markets will fail too, you can kiss everything goodby. Gold won't do you any good. Need someplace to live, invest there. Want to make money, pay everything off and stop paying interest. Get rid of credit card debt.
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Today's Featured Article - Talk of the Town: Modern Diesel Fuel in an Old Tractor - by Staff. This interestin discussion is from the Tractor Talk Discussion Forum. Remember that safety is your first priority - make sure you know what you are doing before attempting a potentially dangerous activity!
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