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RE: A tale of magic internet money and bricks and mortar
Property is good... Bitcoin is good! Just bought a bit more under 10k tonight. :)
We also have a bit of real estate. Who knows. :)
We sold the rental properties a while back too many laws around what a landlord has to provide to and for tenants in our state.
I think it is good to have a variety as the world economy can change in ways one doesn't consider.
We took a beating in 2009, I play a little safer now.. with the exception of Crypto... All high risk and fun!
I agree with all you say and yes, I copped a clobbering in 2009 also.
I've made some great gains in real estate, broken even and lost (through having to sell a particular property too early) although my 17 years in the industry has taught me the value of research; It won't guarantee a good result, but mitigates risk.
I think a nice balanced investment portfolio is the way to go unless a person has a chunk of money they are willing to lose. Then risks can be taken...Down to the casino and all on black in that case maybe!
It's all subjective really and my post, besides just being something to write, leans more towards endorsing research prior to investment than any particular investment itself. That's what I intended anyway. 😃