How much do we really need to feel that we are in control, sleep well at night, feel that life is great and continue to invest with a sense of confidence?
This is a personal question which every individual has to answer for himself. Many years ago I determined for myself that twelve units as apartments or site-built homes without debt would provide an adequate basic income, or one for future retirement sustenance. I viewed these twelve units like an emergency fund, never to be mortgaged or intermingled with any other asset. Probably through the influence of my father, I considered other organized pension programs as well as life insurance, not to be investments because they were beyond my control. I haven