Additionally, I have purchase some stocks that I'm considering moving to a non-fee account.I had Sterling Trust and they were TERRIBLE, which is why I'm hesitate to change but I'm going to call your suggestions tomorrow to check fees.

As long as the team player is contributing positively and sincerely, any errors or mis-judgements are forgiveable.I don't put a price on the dedication, although I did sever my stock broker relationship in 2009 when told to..."

I don't drink and I'm not a party goer so I'll only ask that you keep your hands out of the wetbar if it is indeed stocked.

I think it is a nice diversification to invest in stocks and securities and not just real estate.

I would suggest that you stay away from stocks.

We used to own several rentals in the mid 90's, but my husband kept complaining about having to fix things ourselves on a weekend or emergency, but he didn't want to just let me hire people as it was more expensive, and he kept saying the stock market would make us much more money for less headaches, no chance of being sued by a stock, etc., so we sold all but one (liked that one too much to let him sell it), and invested heavily in the stock market.

And as far as REIT’s go, after the election and the way the stock market has reacted to this new deal I’m excited to see what the DOW REIT index will do in 2013.

The nice thing about it is that it takes the big, irregular costs i.e. roof, and transforms them into a much more predictable monthly fee.Also condos tend to rent for a higher % of the sales price than do houses and are more affordable.

I expect them to be slightly higher in a year, although I cannot predict the path to get there (1 month, 3 month, 6, month etc.).

Preston Ely is predicting doomsday for small investors in real estate.