I think that they are both great investments. Personally, I prefer real estate to stocks, mainly because I understand it better and it is a “real” asset. I think the best investment for someone to make is one that they can understand.
There’s something awesome about making money of an asset which you can enjoy using. It’s like a piece of art hanging on your wall. Imagine it increasing in value over a 5 year time period all the while getting to enjoy it. Much better than stocks!
Such a great analogy. Couldn’t agree more.
Personally, I prefer stocks because they don’t come with expenses (maintenance for example). I like the idea of real estate in theory, I don’t like the work involved and the possibility of having periods of time with no renters. I prefer dividend paying stocks, but I’m conservative.
Good points! If you don’t want to do anything, real estate is not for you.
No question, real estate for sure. I always liked real estate because I can have total control over my investment. I can raise rents and at the time increase the value of my investment. The value of income property is based on how much revenue is generated.
Thanks for helping guys! I’ll be thinking about this before making a decision.
Totally agree that real estate is a way better investment than stocks as it is a tangible asset that only the bank can take away from you
yes but it all depends onn your situation because you might not have the time to look after your asset. You have to take care of it. What about the maintenance? If you have an apartment you have to pay the maintenance charges which can sometime be extortionate then you have to either find tenants who can be extremely unreliable or if you want to sell it you have to rely on a buyer therefore you have to rely on the market. All the while paying the mortgage out of your own pocket. I know some people who've really got themselves in a sticky whicket trying to turn their properties around quickly, only to find that no one wants to buy them...just being devils advocat here
haha yes indeed and this is why I like forums like this because you can get all sides of the story!
I like my stocks. I can trade on my lunchbreak!
you can't be that successful if you still have a lunchbreak!
lol Steve I never said I was successful I said I enjoyed it
you make me laugh but seriously now I do believe just out of my own personal experience that you are better off investing in real estate no matter what it is but in the same breath, be careful if you're buying off plan
why do you say that?
my friend bought off plan in Spain a few years ago and got burnt
ah no I am looking the UK. Thanks all for your advice!