Alexandoy
VIP Contributor
Pardon me for posting this but I am not bragging. I received a huge amount of money that is more than $300,000.. Now the money is resting in my bank account because I am being very careful in my investment. My present choices are real estate and stocks. But I know that it is easier said than done. With stocks I can earn a minimal dividend every year but it is not substantial. To really earn from stocks, I have to sell when the market price has increased marginally. Next step is to buy again when the market price is low. That is clearly trading which I really don't like.
With real estate, let's say I will buy 2 properties to rent out. If my funds get depleted then I will sell one property with an assumed increased value. And maybe that will take care of my expenses for many years. To be frank, I am getting excited and it is not good for the excitement may affect my decision.
With real estate, let's say I will buy 2 properties to rent out. If my funds get depleted then I will sell one property with an assumed increased value. And maybe that will take care of my expenses for many years. To be frank, I am getting excited and it is not good for the excitement may affect my decision.