Quote:
Originally Posted by chichirone
Good one Mike! 
I too am skeptical of oil BUT it is so hard to sift through all the noise. Just sitting tight and not listening to the conjecture. Long term, hold on for the ride and look for buying opportunities.
Something Amy and I have been talking about recently is "if you had $400-500k to invest, how would you do it?"
Would you:
-Buy a franchise
-Invest in commercial real estate
-invest in a business
-pile it into more dividend positions
-buy into an MLP or REIT
...the list could be way longer than the above. Just a few ideas.
Curious what you guys think. We have always pushed ourselves to think beyond our current scenario and better understand differing ways to educate ourselves on how to optimize our "employees". |
The hard part of answering the "what would you do with X scenario" is that it all depends.
For me - being retired - I don't want anything to do with ANYTHING that looks like I'd have to work at "it" or spend time managing "it". So more dividend paying stocks or apartment/commercial real estate LLC's would be my choice.
If a guy is young - still has younger kids at home etc - then maybe something that takes a more active involvement might be the right answer.
If a person is nearing retirement age -- I wouldn't want to see them investing in a business or franchise that is too much "risk" - and if they lost that - wouldn't be able to recoup perhaps.