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<blockquote data-quote="hillbillycwo" data-source="post: 870312" data-attributes="member: 13747"><p>"I guess I'm hard headed. But I'd take the lower return on a real property . Mostly because I don't believe in or trust our gov. 401 s ira s etc depends on the government payin what they owe..."</p><p></p><p>I have to agree with this. Watch my folks loose their retirement nest egg in their 401K's when the market crashed. Bad investments maybe buy my rental properties still generate me an income. I can still turn the key. Yes their stability is dependant upon gvernment involvement but if the gov wants to take them I have recourse and I can defend them. I may get planted over that but hey you have to stand for something or you will fall for anything. Dad always told me they aren't making more land. </p><p></p><p>I do believe in putting money in the bank too. Dad was raised during the depression and he stressed that to us kids. Rainy days come and go but I think if the Gov ever tries to take my property their will be much worse things to be worrying about at that time. </p><p></p><p>More worried about them trying to take other things I own like my firearms!</p></blockquote><p></p>
[QUOTE="hillbillycwo, post: 870312, member: 13747"] "I guess I'm hard headed. But I'd take the lower return on a real property . Mostly because I don't believe in or trust our gov. 401 s ira s etc depends on the government payin what they owe..." I have to agree with this. Watch my folks loose their retirement nest egg in their 401K's when the market crashed. Bad investments maybe buy my rental properties still generate me an income. I can still turn the key. Yes their stability is dependant upon gvernment involvement but if the gov wants to take them I have recourse and I can defend them. I may get planted over that but hey you have to stand for something or you will fall for anything. Dad always told me they aren't making more land. I do believe in putting money in the bank too. Dad was raised during the depression and he stressed that to us kids. Rainy days come and go but I think if the Gov ever tries to take my property their will be much worse things to be worrying about at that time. More worried about them trying to take other things I own like my firearms! [/QUOTE]
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