No, but investments do over a couple decades.
Being prepared to buy during housing market crashes. Don't own any expensive toys; save for housing market dips.
There's no returns on expensive motorcycles, jewelry, fancy cars, but there is on real estate.
No, but investments do over a couple decades.
Being prepared to buy during housing market crashes. Don't own any expensive toys; save for housing market dips.
Several American blue collar workers have done quite well investing overseas; much better than I have.
One guy I know, noticed there were no laundry mats at colleges and universities in one Asian country. He jumped through the hoops to open some and is making a killing in cash.
An Apache woman from Arizona went over there and opened a hostel in Tibet and doing real well. Tourist love it. People that love to travel meet some interesting Americans in places that are surprising.
One friend of mine bought an abandoned building a city was going to demolish; took him about 18 mos., but he leased it to some company, as is, to open a factory. $250K a year lease money in his pocket. He's had it leased for around 5 years now. His wife and parents called him a fool for taking such a risk, but he showed them.
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