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naraburns  nihil supernum  2yr ago (text post)   4607 thread views

Small-Scale Question Sunday for November 20, 2022

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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Real estate?

Not as liquid but it's still possible to use as collateral for a loan.

And can rent it out in the meantime. Although check the property tax rates in the region in question.

If I had that much cash lying about, I would 100% buy some property and rent it out to trusted family or friends at slightly below the market rate, to avoid the general hassles that come with tenants or short-term rentals.

You can be reasonably sure this investment will never plunge to zero.

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