Forum: 0 Subject: Re: Re: Re: Re: Re: Re: Re: Re: Re: Saving for Retirement Sender: helper Date: 2019-08-01 10:03:22

Can someone please think other than buying land? That is all we Indian's are told - buy land it will appreciate. But we are in US now, we need to think differently. Buying and holding land is the best - but that is old way of thinking. Buying and selling land has its hassles and risk. Moreover if you need the money immediately its not easy. Yes, you should buy land but that should not be the sole option. If someone had invested $10000 and bought S&P index fund in Jul, 2009 - in 10 years it would have easily doubled - leave it for another 10 years - it doubles again so 10 K becomes 20K become 40 K which become 80K in 30 years ! That is the wonder of compounding - will land double every 10 years or so?

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