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A comment on America is full of high-earning poor people.

Re:America is full of high-earning poor people by bishopknight on Tuesday November 03, 2015 @04:30PM (#10502852)
Why invest in "financial" investments when the stock market is so volatile and we are indebted to China? To me, buying properties and renting them out are a safer investment than government backed paper. And no, I'm not investing in silver/gold when that whole market is manipulated.
[ Parent | on HN ]
Re:America is full of high-earning poor people by hwstar on Tuesday November 03, 2015 @09:57PM (#10504274)
There's risk being a landlord as well. When a bad tenant trashes your rental, you can be out tens of thousands of dollars in addition to the costs to file and process an unlawful detainer.

If anything landlording is riskier than investing in an index fund.

This is not to say that you should not own rental property. Rental property should be owned in addition to stocks and bonds.

[ Parent | on HN ]
Re:America is full of high-earning poor people by prostoalex on Tuesday November 03, 2015 @09:12PM (#10504130)
While property ownership is open to anyone, property management is hard and not everyone's cup of tea.
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