Am I as poor as I feel?

[Steel]

Thought is creative. All thought, good and bad, is creative and tends to lead to a material thing. That is why we must learn to be more positive.

[97guns]

my diversification consists of 2 asset classes. 50% income earning real estate and 50% physical precious metals. i got into real estate in 2009 dropping my entire savings into it, 2 years later i have almost doubled my net worth from 280K to over 500 by putting all the excess rental money into physical metal. i do this every month, im actually buying silver almost every day.

[Donaldo]

Originally Posted by 97guns

my diversification consists of 2 asset classes. 50% income earning real estate and 50% physical precious metals. i got into real estate in 2009 dropping my entire savings into it, 2 years later i have almost doubled my net worth from 280K to over 500 by putting all the excess rental money into physical metal. i do this every month, im actually buying silver almost every day.

Please pardon me for taking so long to get back here.

I appreciate your response. Very interesting - silver, and not gold? I was tempted to sell some silver/gold (not pure gold) but I think I'll hold onto it now...

[mgkimsal]

Just a couple of quick thoughts:

NC is nice, and booming. You'd likely be able to find a job earning more out this way (TN/NC/VA/SC/etc), and the cost of living is generally lower. TN has no income tax, which makes me want to move there. Summers do get a bit hot.

As someone else said, the tornado fear is *way* overblown (pun intended?). I'd wonder why anyone would ever move to California, with all those earthquakes you have out there. There's *millions* of people living out in this neck of the woods, and while tornadoes do come through occasionally, they rarely do much damage, and life goes on. Raleigh had a big one in 1996, then another in 2011. Some lives were lost - I don't mean to minimize their loss - but lives get lost in earthquakes, hurricanes, floods and other natural disasters. No place is perfect, but many are better for your wallet than others.

[Eric80]

Dont be afraid! Follow what your heart truly wants. In terms of thinking about retirement just think about what that really means? To me it means content. if moving will make you content and happy aand satisfied then dont be scared! Go for it - 'you only live once'

[danieldroga]

You may not earn much but you can always change that if you work hard for it. If you feel poor then do something about it work all the remaining assets or resources that you have and develop them into something that you can make use of.