I know Bezos is suspect but how far down does the rabbit hole go?
(media.greatawakening.win)
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Real estate?? Tell that to anyone who bought prior to 08, and anyone who’s bought in the last 24mo. When these prices re-correct (and they will) people will be underwater on value for a decade or more. I can’t say I agree - I’m a “little guy” and I’ve made shit tons of money from the stock market before I even hit my early 30s. The last 5 years especially, but buying into the bottom of 2009 helped.
Timing is indeed everything. I bought several houses in 2005 and 2006, back when they were giving out >100% LTV mortgages like candy. Then moved and bought again at bargain prices in 2009 after the 08 crash. Now in my primary home since 2014. All along I kept those properties and am making decent returns. Real estate has worked out for me, but everyone's situation is different.