No. of Recommendations: 0
Just to add my $0.02 to the rental probelms......

Real estate, you're stuck with where you buy it. Buy what you think is a good property, have it for several years, then get a bleeding heart liberal government (local or state), the next thing you know you have rent control. Then you're losing money and being slapped with fines for not maintaining your property that the knuckleheaded entitlement minded renters destroy as fast as you repair.

Afraid of $100k in one stock? Do a little math. What do you need to live on now? $50k? $75k? $100k? For those returns, you'll need $1-2 million saved. Spread that over 10-20 stocks, you're going to be investing $100k. But its not like you're putting it all down at once. You'll accumulate that position over time. IMHO, if you have more than 20 stocks, it gets harder to keep track of them and you might as well hold an index fund which then defeats the purpose of trying to live off steady dividends.

JLC
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