Stocks, rental property, or upgrade house?

[Anonymous]

Put it into the market doing DCA. Nobody knows where the bottom is. It is far from half way down the way it went down in early 200s and in 2008-2009 I think.Max as near $4800, we are at $3800.
It might not lose half this time so I'd start putting in soon.
I like the idea of having less to do instead of getting more done, so no to investment properties. All the pain that comes with investment properties is mentioned above.
I bought a farm in 2008. While the place went up in value, I lost a lot of money not putting the exact same money I spent on it into market.

[Anonymous]

Anonymous wrote:Put it into the market doing DCA. Nobody knows where the bottom is. It is far from half way down the way it went down in early 200s and in 2008-2009 I think.Max as near $4800, we are at $3800.
It might not lose half this time so I'd start putting in soon.
I like the idea of having less to do instead of getting more done, so no to investment properties. All the pain that comes with investment properties is mentioned above.
I bought a farm in 2008. While the place went up in value, I lost a lot of money not putting the exact same money I spent on it into market.

That's because you 1)bought a farm 2) should have financed it with borrowed funds and with leverage, not your own cash surplus

[Anonymous]

Anonymous wrote:Put it into the market doing DCA. Nobody knows where the bottom is. It is far from half way down the way it went down in early 200s and in 2008-2009 I think.Max as near $4800, we are at $3800.
It might not lose half this time so I'd start putting in soon.
I like the idea of having less to do instead of getting more done, so no to investment properties. All the pain that comes with investment properties is mentioned above.
I bought a farm in 2008. While the place went up in value, I lost a lot of money not putting the exact same money I spent on it into market.

You bought a farm, which the worst investment property. No surprise you lost money.

[Anonymous]

"If we upgrade now, our 500k capital tax deduction would reset, so that is a plus."

Where have you read this? Any upgrades increase your cost basis should you sell... not reset the clock?

[Anonymous]

Anonymous wrote:I’m really surprised most people here do not recommend rental properties.
OP, keep in mind that most people on this board don’t have an entrepreneurial spirit.
I have rental properties. I started with a duplex. It’s not that much work if you know what you are doing.

You have to figure out what your risk tolerance is. If you are risk averse, buy a sp500 index fund and done.
If you want to take more risk and build more wealth, get into real estate investing.

+1

I agree with this. We've made a lot of money buying and selling last 10+ years. Glad we did it and now have experience from it. Property management was not a pain for us. Was it "fun"? No. But the gains we saw were pretty steady plus the rental income each month. It made it worth it.

I also agree that its not for everyone, in fact I think its not for most people given people try to manage everything on their own with limited experience.

[Anonymous]

I would be inclined to pay down some of the principal on the house.

[Anonymous]

I would do 1) backdoor roth and 2) brokerage account.