What are safer investments beyond gold and silver?

[97guns]

very little time expended, i have a rental manager and have not even talked to him in 3 months.

[henrysmedford]

I forgot to mention chicken... You can sale/barter the eggs...

And they are great pets. Franklin with Bertha today.

[SilverEye]

97guns, I don't mean to tell you your business, but I hope you're keeping a closer eye on that rental manager than you let on. Things like deposit checks can get diverted, property maintenance billed for and not actually done, maybe a rental set empty on the books for 6 months but was in fact rented the whole time for half-off in cash, skimming a bit of the rent off the top. I've never been a landlord, I just have a pessimistic and untrusting mind, and this is what came to me in the time it took to type it. A dedicated evildoer could fleece you to a much greater extent and leave you with one helluva mess.

[97guns]

no need to worry about my business, i have everything under control. i have an optimistic view of things, that is why i went 100% with my net worth into real estate, there are no open ledgers in my book, everything has been and is occupied - there is no reward without risk. i may be a youngster but this is not my first time around the RE block, i have dabbled in it before and learned a few things from mistakes ive made. i somewhat gotta know what im doing or i'd be getting ready for work right now.

pessimism is the reason why "you guys" will never make it happen

[theo]

no need to worry about my business, i have everything under control. i have an optimistic view of things, that is why i went 100% with my net worth into real estate, there are no open ledgers in my book, everything has been and is occupied - there is no reward without risk. i may be a youngster but this is not my first time around the RE block, i have dabbled in it before and learned a few things from mistakes ive made. i somewhat gotta know what im doing or i'd be getting ready for work right now.

pessimism is the reason why "you guys" will never make it happen

Self confidence is a wonderful thing, however what Silvereye says makes sense. In my experience, if you give people a chance to take from you, sooner or later they will. Unfortunately some have to learn that lesson the hard way.

[SilverEye]

I good friend of mine nearly had his family business bankrupted and stolen by 3 generations of family friends. The old man was friends with his grandfather, the old man's daughter and son in law worked for them in the office, and the grandson swept up out in the shop. They all conspired to withhold mail, set up fake businesses and suppliers, divert collections calls in the office. My friend's father was off on vacation and tried to phone in a wire transfer with his bank for some additional shopping money, and found out all of his business accounts were overdrawn, and had been for months. All the while the two families were having picnics and barbeques together.

If you put all your eggs in one basket, WATCH THAT BASKET.

[Numis Pam]

If you put all your eggs in one basket, WATCH THAT BASKET.

No Kidding!! +1

[CtrlAltBernanke]

Whiskey and lots of it!