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I'd buy a basket of ETFs in TIPs, certain precious materials and metals and currencies that would appreciate the most with US dollar devaluation. Really speculative, hedge with a short on soverign debt instruments.
Guess I am the lone guy here with the real estate. I wont invest in stock market.
I would buy yourself a little fixer upper for 15,000 put a little work into it, just enough to get it rent ready and make a monthly income.
This is what my husband and I have started to do. We just bought a house for $6000, yes $6000 is correct, redid the floors in some cheap plain tile, painted the walls, put in a few hi quality window units that have heat and air becuase the Hvac was missing. Total 10,000 and rent it out for 650 a month.
So by the time current renter moves out house will be paid off and can replace hvac and rent for $850.
Not to mention that cheap houses gain the most value with little work plus you get a monthly income. Rent for less than market value= rented quick so it never sits empty.
@fltn wrote:I would buy yourself a little fixer upper for 15,000 put a little work into it, just enough to get it rent ready and make a monthly income.
This is what my husband and I have started to do. We just bought a house for $6000, yes $6000 is correct, redid the floors in some cheap plain tile, painted the walls, put in a few hi quality window units that have heat and air becuase the Hvac was missing. Total 10,000 and rent it out for 650 a month.
So by the time current renter moves out house will be paid off and can replace hvac and rent for $850.
Not to mention that cheap houses gain the most value with little work plus you get a monthly income. Rent for less than market value= rented quick so it never sits empty.
If you can actually pull off a deal like that, there's no better alternative!
Starting my rebuild!
Buy Bitcoin whenever it hovers around $50 range and sell above $125.
Instant Profits...
@rebuildingmission2013 wrote:Buy Bitcoin whenever it hovers around $50 range and sell above $125.
Instant Profits...
As if not enough people are doing it
Hi, it's me. The gal who buys a CD every two weeks.
If you are interested, private message me, and I can tell you how to get a triple bonus on your's and your wife's IRA account. (Anyone can send me a private message if you want to know how to do this. And yes, it's legal.)
And I am a big advocate for paying off debt. With the help of our CD's, we bought a house in June 2012, transferred the balance to a no interest/no fee cc in January 2013, and just paid off the balance this month, April 2013. I still have more than 30 CD's active and growing.
We are now moving towards doing a triple hit (my term) on the IRA's for 2013, 2014, and 2015. I should be receiving a 3% bonus on making 15k IRA contribution. That is $450 in free money. It sounds like you and your wife (combined) could receive $900 in free money. Legally.