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What to Invest in the next 3 years?
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<blockquote data-quote="joost" data-source="post: 1214163" data-attributes="member: 10307"><p>I would run away from real estate. ROI is so low these days. Maybe you can find something worthwhile in Turkey (due to currency crisis). But worldwide you’ll be making 3% a year! It might protect you from inflation but it’s not passive as buying a stock. You have to administer it. Pay for fixes and you won’t have the place rented 100% of the time. </p><p></p><p>Unless you have a few millions in the bank, I would not put a good portion of my portfolio in a single asset. </p><p></p><p>The only real estate I would have would be building a 2 (or more) story apartment and rent the (independent) apartments bellow and keep the penthouse for me. So I would have a home without having to worry about property tax since I would be making money from the tenants below. If I don’t like the “neighbors” I could always kick them.</p></blockquote><p></p>
[QUOTE="joost, post: 1214163, member: 10307"] I would run away from real estate. ROI is so low these days. Maybe you can find something worthwhile in Turkey (due to currency crisis). But worldwide you’ll be making 3% a year! It might protect you from inflation but it’s not passive as buying a stock. You have to administer it. Pay for fixes and you won’t have the place rented 100% of the time. Unless you have a few millions in the bank, I would not put a good portion of my portfolio in a single asset. The only real estate I would have would be building a 2 (or more) story apartment and rent the (independent) apartments bellow and keep the penthouse for me. So I would have a home without having to worry about property tax since I would be making money from the tenants below. If I don’t like the “neighbors” I could always kick them. [/QUOTE]
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What to Invest in the next 3 years?
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