That’s no good. Savings bonds are historically a poor investment compared to almost anything else.The only place to put large sums for the long term is real estate. Like they say, they aren’t making any more land.
The simplest thing would be to buy a really nice apartment building, all cash. Live in one unit, pay somebody to manage it, then live off the rental income.
mourdac Premium Member almost 9 years ago
And the person over there is retired at 27 from cashing in on a stock IPO and ….
NWdryad almost 9 years ago
He’s young… he’s handsome… now he’s rich… go for it, Lila!
Phatts almost 9 years ago
That’s no good. Savings bonds are historically a poor investment compared to almost anything else.The only place to put large sums for the long term is real estate. Like they say, they aren’t making any more land.
Phatts almost 9 years ago
The simplest thing would be to buy a really nice apartment building, all cash. Live in one unit, pay somebody to manage it, then live off the rental income.
Phatts almost 9 years ago
You know it occurs to me, that fellow who “won the lottery” was probably being sarcastic.
jmcenanly almost 9 years ago
Or they just work really odd shifts, either beginning around noon and ending about eight, or beginning at 4 or 5 am and running until noon.