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True but also consider things like sedentary jobs/lives and massive sugar intakes today compared to 50 years ago!
The massive sugar intake is also part of the fast food culture.
But I do see your point with the increase in sedentary jobs.
Of course, the "drive everywhere" culture is also more prevalent than it was 50 years ago as well. I've even read the increased prevalence of air conditioning also contributes to obesity because when we sweat, we burn calories, and being hot tends to curb the appetite for heavy foods.
I would rather keep the 500k conservatively invested, then get a manager job at McDonalds and even only making 100k a year combined I still don't have any risk of losing the 500k with a lot less headaches!
I kind of doubt that McDonald's store managers make 100K, but I could be wrong.
But I agree on investing the portfolio. Much easier than opening a store.
I kind of doubt that McDonald's store managers make 100K, but I could be wrong.
But I agree on investing the portfolio. Much easier than opening a store.
Yeah. Sometimes when you buy a business you buy a headache, like buying a second hand car. You also don't know if it will retain it's value when you are ready to retire, do you?
The HQ is urging McD locals to remain open on Xmas day this year.
If I were to go into a franchise operation I'd say they're a steady company with low volitility, but things can happen. Think about the potential losses after a salmonella outbreak or a mass shooting incident. No thanks. I'd rather keep a lower profile, assume more visible risk, and research some other ventures that are new or trying to make a turn-around. Example, a single store eatery like Franks in Austin, TX; they are looking to open a second location and maybe one could get in on investing in that.
Yeah. Sometimes when you buy a business you buy a headache, like buying a second hand car. You also don't know if it will retain it's value when you are ready to retire, do you?
Exactly.
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