Quote:
Originally posted by Aletheia
Land will almost never lose value so like Cyn and micah67 said, invest in some real estate.
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Well, true - However, if he were to purchase just land with no building on it, generally it has a negative cash flow, as few people are going to rent a chunk of land from you with rent high enough to pay the taxes on it each year.
I also agree with real estate, unless by chance you are skilled in fixing vehicles, doing body work, or have dealer hookups and can purchase them for ultra cheap at an auction.