The best investing advice you've ever recieved

Handle123 said:
You are so right, and yet the houses I bought back then are all paid, have 26 houses all paid cause I traded youth for $$$. I still have many under mortgages, but I don't work for past seventeen years, I just do whatever I want to do, do you? I hope so cause you had no plans when you were 18, sounds like you too lazy of thinking of future?
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each its own plan. your bet is not risk free. Bet is no civil unrest and people will continue multiplying like rabbits, and no communism. Same result you could achieve buying stocks for buy and hold and have no debt and live off divs. Rislikg your best years on such bet is dangerous. See many places in the world where this would not work.

i am doing okay although my prop investements do not show much. But I have rule 1/3 cash, prop, equities.
 
toolazy said:
each its own plan. your bet is not risk free. Bet is no civil unrest and people will continue multiplying like rabbits, and no communism. Same result you could achieve buying stocks for buy and hold and have no debt and live off divs. Rislikg your best years on such bet is dangerous. See many places in the world where this would not work.

i am doing okay although my prop investements do not show much. But I have rule 1/3 cash, prop, equities.
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Heck, if civil unrest comes in the world, food and water is most needed, can't eat gold nor bullets. And when it comes down to it, what good are shares of a company when world under a war, it is all arbitrary of worth, basic needs. One day every government can say cash is worthless and they taking over all land and companies, then what?
 
Handle123 said:
Heck, if civil unrest comes in the world, food and water is most needed, can't eat gold nor bullets. And when it comes down to it, what good are shares of a company when world under a war, it is all arbitrary of worth, basic needs. One day every government can say cash is worthless and they taking over all land and companies, then what?
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agreed. the only difference is when buying properties, one has to borrow to get desired leverage. And if SHTF, one is locked in such a place by loan.

with stocks one can get same magnitude movements without borrowing.

It is much harder to gain skills to be really successful in stocks though. Not so with property.
 
Never got investment advice worth mentioning.

All my life I invested in myself, then in my kids, God-willing will also invest in grand-kids.
 
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