Ya Mike, I read about real estate in your area and how much it skyrocketed. I took the reverse course to investing. Most gurus advise real estate first, then stocks, then opening your own business with either your own money or OPM (other people's money like a business loan or incorporating and offering stock for sale). In Austin there are 3 condos right by MOPAC and U.T. from my parent's estate, and though that might sound like a great deal, in reality it is not, as my monthly payments over 30 yrs would be about 1200 a month, and they currently rent for 900 a month, so in real estate that margin is not so great. You have to love Austin for building so many frigging apartments and condos.
It's not like the mid 90's during the tech boom where companies were moving in left and right and there was a housing shortage. Now it is the renters that have the advantage.
I've been reading the veterans business journal, and it seems they (the Feds) have a special loan program specifically for disabled vets (in addition to normal vets in another business program). The good thing about the disabled vets program is govt. agencies HAVE a mandatory 4% contract clause (Bush did do good on that one), which means if I have a business that can do the job for any Fed agency, and it comes to me, another vet who is not service connected disabled, or a civilian contractor, I get the contract!
That's why I was so interested in the windmills that generate electricity, and in BP solar for homes and businesses. Do you have any idea how much a place like Ft. Hood consumes in electricity each year? Yes folks, the military does HAVE TO PAY local electric companies for all that energy they consume.
Topic: Two stocks in motion today on Mother's Day (Read 987 times)