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What do you suggest is better than rental real-estate as a income-producing asset to invest in? Entrepreneurship is great and all but the risk is frighteningly
by agscala 13y ago
What do you suggest is better than rental real-estate as a income-producing asset to invest in? Entrepreneurship is great and all but the risk is frighteningly high
- swombat 13y agoThe risk is not so high, actually, imho: http://swombat.com/2012/6/18/entrepreneurship-safest-career http://swombat.com/2012/6/18/entrepreneurship-safest-career
- ForHackernews 13y agoThe risk is only not-high for people who have a decent safety net to fall back on (spouse, parents, or savings) and/or low obligations (i.e. your children won't go hungry if your startup busts) That's not to disagree with your overall point--yes, you won't LITERALLY DIE--but relatively few people have the luxury to keep swinging and missing in the hopes of getting a hit.
- mcdougle 13y agodividend stocks seem great if you use dollar-cost averaging, DRIP investing, and you do the research necessary; they also seem like they take a very long time to build up a sizeable portfolio. I really like Rob Walling's description of what he does with software businesses [1] though, and my plan is to do something like that. [1] http://www.softwarebyrob.com/2010/06/24/websites-as-investments/ http://www.softwarebyrob.com/2010/06/24/websites-as-investme...