Finance Dave
Thinks s/he gets paid by the post
- Joined
- Mar 29, 2007
- Messages
- 1,861
Do you have any money in real estate? This could be REITs, rental properties, your primary residence, land, etc.
We have about 20% or so in rentals, all paid off. Plan to sell those off slowly starting in about 3 years, as I only want them when I am healthy and agile enough to do most of the work myself...and I'm 59 now. Once we get rid of them, I will likely get into a REIT or something similar. I like the balance that real estate gives to equities. I don't have any data to prove this, but they don't seem to move the same way all the time and at least in my small city, real estate is not the least bit volatile.
We have about 20% or so in rentals, all paid off. Plan to sell those off slowly starting in about 3 years, as I only want them when I am healthy and agile enough to do most of the work myself...and I'm 59 now. Once we get rid of them, I will likely get into a REIT or something similar. I like the balance that real estate gives to equities. I don't have any data to prove this, but they don't seem to move the same way all the time and at least in my small city, real estate is not the least bit volatile.