Hi @manorvillemike real estate is a market as well. At least with the stock market you can get out but with property you are stuck in a crash. Like any market you want to buy low - preferably after a crash and sell high preferably before a crash. Remember you never really own the property. If you can't pay your property tax you will probably lose it. Following Greg's advice and shorting the market when he tells you to could also be very profitable. Too many of us are like sheep and do things because we are brainwashed into believing sayings like our house is our biggest asset which isn't always true. Tenants can also be a nightmare if you get the wrong ones they can cost you a lot of money. Good luck with your choices. 👍
You are viewing a single comment's thread from:
Thanks @readallaboutit, I got what you are saying. Everything in life is a risk in some form or another. We learn from our mistakes, provided they aren't to big. In other words, gamble with what you can afford to lose.
Hi manorvillemike you are 100% correct. If you want to learn how to trade there are demo trading accounts available where you can trade like it's real but obviously with no risk. 👍
That's me no risk.. haha