Putting part of your retirement into real estate is an excellent idea. But you do have to buy right,
and now is a good time in many places to buy. But only if your plans allow that amount of your assets to basically
be illiquid for many years. Still there, still slowly growing, but short of borrowing against the equity in the property, hard to get money out
of in an emergency. Real estate makes a great diversifier. Some folk like gold, which I think is awfully high right now.
And don't we all wish we had kept that 1966 GTO or the Porsche 914. It's all about appreciation, and if you aren't really sure what you
are doing, suggest you get some help.
There is an asset class called alternatives. It can be the Wild West in investing so only the knowledgeable
hopefully purchase them. But an "alternative" to the market is a core question for retirement, how do you not
put all your eggs in one basket? Particularly a basket that has been known to break.
The Holy Grail is finding an asset type that consistently increases in value, is relatively unaffected by
stock market conditions globally, is tax advantaged, and is, of course, legal...
Now I think old tractors would surely qualify. :thumbsup: