Advertisement

Author Topic: Which investment is better  (Read 2567 times)

0 Members and 1 Guest are viewing this topic.

Offline lilly

  • Sr. Poster
  • ****
  • Posts: 6804
  • Gender: Female
  • Be happy!
  • Respect: +524
    • View Profile
Re: Which investment is better
« Reply #15 on: December 05, 2018, 07:01:33 PM »
Depends.....on you since you're asking about YOU...some can live off much less and some need much more...and some don't even need...

Hi, theking, aka Mr. It Depends.  Good to see you again.



Like this post: 0

Adverstisement

Offline hmgROCK

  • Elite Poster
  • *****
  • Posts: 36074
  • The Hmong Nostradamus
  • Respect: +217
    • View Profile
Re: Which investment is better
« Reply #16 on: December 05, 2018, 09:49:35 PM »
I agree.  Right now I'm debating between Roth IRA or Real Estate.  With Real Estate you're free to sell at any time but you'd have to pay tax on the capital gains, if there is any.  And, as hmgROCK stated, the tenants and the maintenance on the house can become burdensome and a headache.  But, the equity and potential profit in real estate is a bit more for certain than stocks.  I guess either way, if I can wait 20-25 years to sell the real estate/cash out on the Roth account, returns for both will do about the same in the end. I'm really not sure that I'd want to be landlord and always be on call if things break.  OK, Roth IRA, here I come.

Real estate is a lot of work
Do you have electric, plumbing, HVAC, home repair etc... experience????
It’s hard

Also remember Roth IRA has a yearly capped of $5,500
So you can’t deposit all $50k at once
And you have to be working and making at least $5,500 annually



Like this post: 0
God did not created man...man created god

Offline theking

  • Elite Poster
  • *****
  • Posts: 59234
  • Respect: +1322
    • View Profile
Re: Which investment is better
« Reply #17 on: December 05, 2018, 10:04:23 PM »
Hi, theking, aka Mr. It Depends.  Good to see you again.

You too young lady!



Like this post: 0

Offline Yebleng

  • Jr. Poster
  • ***
  • Posts: 2752
  • Respect: +176
    • View Profile
Re: Which investment is better
« Reply #18 on: December 06, 2018, 11:42:39 AM »
why is it that buying stocks and trades/investments not popular among Hmongs/Asians?



Like this post: 0

 

Advertisements