Cutting a long story short.
I'm a landlord. The rent i receive only nets about 5% of the value of the house annually, that if i sold tomorrow would give me a nice sizable lump sum.
Being a landlord is not all that its cracked up to be. A good tenant is normally an exception to the rule. It comes with a lot of hassle, and a lot of worry, if you get the wrong person in you're %^#$%#. I like to sleep at night, with as little worry as possible.
Actually, I think being a landlord played its part into turning me into an insomniac.
Well anyway, thinking of changing a few things up in my life..
Yes i could start a business, but that once again, comes with a lot of hassle, and worry, and I'm not at the age, where i can afford to burn through that kind of money. Besides, I've owned a biz in the past, and now, I'm quite happy to receive a paycheck at the end of the month, that keeps my family well above water.
Property seemed like the smartest thing to do at the time. Your home may go down in value, but its always going to be worth something ! Where I live in nice and it'll always be desirable.. Unless something major happens as in water levels rising or something catastrophic as such, I'm in one of the best places in America to live.
Anyway, stock market, well, that's essentially gambling in reverse, as in odds you'll make, but could also loose EVERYTHING.
I'm not the most creative of thinkers. I take the snail approach to life sometimes, keep my risks low and always seem to come out on top. I accept I'll never ever be a millionaire, but just comfortable. I also want to retire by 55. (42 now) So with that strategy in mind, how would you invest a large sizable amount of dough ?
I'm a landlord. The rent i receive only nets about 5% of the value of the house annually, that if i sold tomorrow would give me a nice sizable lump sum.
Being a landlord is not all that its cracked up to be. A good tenant is normally an exception to the rule. It comes with a lot of hassle, and a lot of worry, if you get the wrong person in you're %^#$%#. I like to sleep at night, with as little worry as possible.
Actually, I think being a landlord played its part into turning me into an insomniac.
Well anyway, thinking of changing a few things up in my life..
Yes i could start a business, but that once again, comes with a lot of hassle, and worry, and I'm not at the age, where i can afford to burn through that kind of money. Besides, I've owned a biz in the past, and now, I'm quite happy to receive a paycheck at the end of the month, that keeps my family well above water.
Property seemed like the smartest thing to do at the time. Your home may go down in value, but its always going to be worth something ! Where I live in nice and it'll always be desirable.. Unless something major happens as in water levels rising or something catastrophic as such, I'm in one of the best places in America to live.
Anyway, stock market, well, that's essentially gambling in reverse, as in odds you'll make, but could also loose EVERYTHING.
I'm not the most creative of thinkers. I take the snail approach to life sometimes, keep my risks low and always seem to come out on top. I accept I'll never ever be a millionaire, but just comfortable. I also want to retire by 55. (42 now) So with that strategy in mind, how would you invest a large sizable amount of dough ?
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