It is always nice to diversify

The tax rate is NOT necessary lower for rental. Yes, we may be "flexible" at rent but you have to sell the property as a whole piece; during the year property sold, the tax on gains could be sky high.

Kozy insists that the return rate on rental is 12% + every year. It is mis-calculation. I believe you only use the rent as "gain/loss". If you combine the property value change and the rent together (to be fair comparison with funds), the return could be negative in 2009 and could be 50% in 2012.

The beauty of wealth management is to have the highest after-tax cumulative return at the year you need to use the $$. You'll not give up a project if the first year's cash flow is negative although you know the return is good in coming years.

I'll provide a list of funds with 10%+ average yearly return. Let me know if you are interested in certain sectors.

Long time no "see" friends in TZLC.

Happy investing!