First off, I just want to say that I feel so incredibly fortunate to be at a point in my life that I can live a comfortable life, pay my bills, and have some extra money to invest. The position I have taken on at the property management software and tenant screening company Rentec Direct has allowed me more freedom to spend time with my family and do the things I need and want to do. I'm so gracious and so happy to be exactly where I am today!
I'm bringing up the topic of investments because well, it's relevant as I've spent a portion of my afternoon today (don't tell my boss, wink-wink) trying to figure out what kind of stocks, bonds, and mutual funds I should invest in for retirement and to be frank teasing out the details of different investment firms and options is not really something I enjoy.
I do however enjoy investing in real estate well I guess because as the name implies it's real, when you buy a home you're purchasing a tangible item something you can see and touch, and sometimes smell. I also enjoy investing in gold and silver because it is also a physical item that you can hold or touch. However, when you're investing in the stock market much of the time you're investing in some grouping of mutual funds based off of who knows what companies it just doesn't feel like I'm really in control of what is happening with my hard earned money at all. Nonetheless the real estate market is picking up here in southern OR, and in much of the country, so I doubt that I will find another rental property to purchase at this time. I guess I need to quit procrastinating and do some serious research.
I would be open to any recommendations on the type of investment vehicles that would suit my diversification needs.
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Dulcey is a member of Rentec Direct who provides Property Management Software, tenant ach payment processing, tenant credit check, and criminal reports for property managers and landlords. The information in this post is just that, informational and should not be used as a substitute for legal advice.