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Coffee Shop
Buy land or fund an IRA?
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<blockquote data-quote="Caustic Burno" data-source="post: 1334743" data-attributes="member: 694"><p>Land does not have the return many think it does when you start adding interest on the loan and taxes by the time you sell you paid a heck of a lot more per acre than you think:</p><p>As far as growth on capital you will never beat a 401 it only has income not the outflows of taxes and interest.</p><p>The risky part of 401s is stupid high risk investments plenty of safe stuff out there.</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 1334743, member: 694"] Land does not have the return many think it does when you start adding interest on the loan and taxes by the time you sell you paid a heck of a lot more per acre than you think: As far as growth on capital you will never beat a 401 it only has income not the outflows of taxes and interest. The risky part of 401s is stupid high risk investments plenty of safe stuff out there. [/QUOTE]
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