Quote:
Originally posted by pornoshare
Everyone is always yapping on about real estate yet the simple fact is that the returns are relatively low in comparison to the majority of other financial instruments.
How many billionaires do you see that have made their money purely from real estate? very few, compare that to how many have made money from stocks, technology, futures, oil, forex etc.
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indeed... you HAVE to be rich BEFORE you can make money doing real estate... Real estate is just building up a steady stream for the future
I'm doing around 12%/year on stocks over the last 6 years... now thats nice!