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Old 11-17-2012, 10:52 AM
britsteroni britsteroni is offline
LawnSite Senior Member
 
Join Date: Feb 2007
Location: Missouri
Posts: 327
Quote:
Originally Posted by newguy123 View Post
I have to say that any investment that is tied to Wall Street is a potentially bad problem (to say it nicely.) The money that you invest into anything related will not bring the same ROI as reinvesting in yourself (your business.) Investing in real estate is probably the best option other than your business. But don't invest for capital gains, that doesn't always work. Invest for cash flow through rental properties.
newguy,

I think a lot of people would agree with your disdain for Wall Street. Have you done much reading on index mutual funds? I think rental real estate is a great wealth building tool. Do you have specific goals or plans to build a real estate investment portfolio that will support you upon retirement or if you are unable to continue doing manual labor? If you or anyone else is interested in learning more about real estate investment, I would highly recommend www.biggerpockets.com/forums
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