Real estate may crash, but that's when more people need a place to rent. When I started out in 1979 I got $125 for first house. Still own it, getting $600 out of it. Rental property is almost inflation proof reguardless what you can sell it for.
If you can get all your places paid for, you already know the secret to investing. My first place paid for my second place and so on. I went over 30 years before I used any rental money for personal reasons. It helped me retire at 55.
Don't put all your eggs in one basket. I worked for 31 years. I draw a pension.
Nothing wrong with being self-employed if you can also figure out how to draw a pension or provide income without working. At some point you won't be able do physical work.
I hire a lot of work done that I used to do. My old body likes it, but it pinches the wallet nerve a little. George
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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