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Old 10-13-2021, 12:27 PM   #18
joey2665
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Quote:
Originally Posted by LikeLakes View Post
As so many above have echoed, land would be a really poor choice for what you described. You quickly say you don't want residential or commercial real estate, but they are the best long term bet IMO if you wanted to put money into RE. I include boat slips or self storage or car washes in the commercial category, all are interesting investments.

Otherwise, like Broadhopper suggested, I'd recommend getting a well regarded investment adviser. They will listen to your needs, risk tolerance, look at your current asset mix, and advise accordingly.
I absolutely agree with a well graded investment advisor. However I will try to stay away from the advisers employed by banks or credit unions as they tend to be very transient. I would recommend instead of going to a particular brokerage retaining in money manager. Money manager fees tend to be higher than brokerages but your returns are usually exponentially better


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