Quote Originally Posted by Jim View Post
Invest in business like PGW ? PGC ? or SKL ? or FTX ??? Or would rather buy a rental and sit tight regardless ?
I bought a rental for 140k 10 yrs ago and it's RV is 300k, I bought another one for 340k 3 yrs ago and its RV is 380k. The rents are $300 and $340 a week.
I bought PGW at $2, worth $0.58; PGW $2.50 worth $0.48; SKL $1.15 worth $0.51 and FTX $0.70 worth $0.000.
You be the judge which better business or brick and mortar.
If your latest purchase is worth 380,000 there could be a gain of 40k. That's fine as long as your losses don't exceed that, but an income of 17k against 340k is an extremely low return. Add rates, insurance and maintenance and I'm sure you'll find you've bought the capital gain. You've possibly gained 13k a year, but almost certainly propped it up by more than that. Still - good compulsory saving.