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not as smart as I think
Join Date: Oct 2006
Location: Northern California
Posts: 769
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If you are looking for a 3% return, there are probably safer ways to do it (tax free bonds might even pay higher at this point).
I am in commercial real estate (therefore my opinion will be biased) but if you were to purchase say a commercial property, backed by a fortune 500 company, you could probably receive 7-8% on your money and not have any headaches for 20 years if the lease is set up properly.
Just my $0.02 and may not even be worth that.
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1978 911SC stock-SOLD
1985 911 Carrera Stock
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