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The Water Cooler
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5 Year + Investments?
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<blockquote data-quote="zghorner" data-source="post: 2996180" data-attributes="member: 35089"><p>I'm at a point in my life where I want to get serious about retirement. I currently can go and have gone without working for the past few years (sort of off and on when I get bored), which is a nice feeling but I can in no way live the lifestyle I prefer...it would be a static life and I like expensive toys too much.</p><p></p><p>I have gone back to work on a mission to retire for realz in 5 years. In those 5 years I am going to continue to grow my boat and rv storage as well as purchase 1 rent house every year. In 5 years (if everything goes as planned) I will have close to $100,000 of annual income from assets alone. I am blessed to have a mentor in this who happens to be my father in law, a very successful self-made man who owns many rent houses and a few small businesses. Just stating that so you all know I'm not walking into this with a blind fold.</p><p></p><p>Now, considering I am debt free and used to a frugal lifestyle, I am able to save money rapidly. I am interested in learning about other investment opportunities...I would like to put my eggs in a few different baskets if ya know what I mean. Not just now but even after the 5 years are up. I am curious what has been successful for you? I'm not looking for get rich quick types of things, but a safe steady return on investment. Please share.</p></blockquote><p></p>
[QUOTE="zghorner, post: 2996180, member: 35089"] I'm at a point in my life where I want to get serious about retirement. I currently can go and have gone without working for the past few years (sort of off and on when I get bored), which is a nice feeling but I can in no way live the lifestyle I prefer...it would be a static life and I like expensive toys too much. I have gone back to work on a mission to retire for realz in 5 years. In those 5 years I am going to continue to grow my boat and rv storage as well as purchase 1 rent house every year. In 5 years (if everything goes as planned) I will have close to $100,000 of annual income from assets alone. I am blessed to have a mentor in this who happens to be my father in law, a very successful self-made man who owns many rent houses and a few small businesses. Just stating that so you all know I'm not walking into this with a blind fold. Now, considering I am debt free and used to a frugal lifestyle, I am able to save money rapidly. I am interested in learning about other investment opportunities...I would like to put my eggs in a few different baskets if ya know what I mean. Not just now but even after the 5 years are up. I am curious what has been successful for you? I'm not looking for get rich quick types of things, but a safe steady return on investment. Please share. [/QUOTE]
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