John templeton used to say that a the key to his investing success is this idea of scuttle but. Just kind of keeping your ear to the ground and knowing what was going on, who to talk to and who to ask. And it's easier also because im living somewhere. I mean, it's easier for me to figure out real estate in downtown bolder than it would be if i were not present there very often. It doesn't feel like you're doing this sort of digging exercise, which is what i feel like with the stock market. So i think that's analogous to being involved in the stock market actually. But we went into the idea of keeping your nose to
If you think that because real estate lets you leverage your investment, then the rate of return is much higher than investing in a business, and is, therefore a better place for beginner investors to put their money, think again. This is a commonly held idea that can be completely mistaken.
Phil and other expert investors – including Warren Buffett – have owned real estate. From subdivisions to large farms, apartments, commercial property, and single-family homes, if you assess it’s valuable for your investing goals, real estate could be a good option for you.
This week on InvestED, in an episode from The Vault, Danielle and Phil discuss whether or not it’s possible to make real estate a beneficial component of a high-performing financial portfolio.
Learn more about following the Rule #1 method of successful investing! Click here to download your copy of Phil’s Value Investing Cheat Sheet: https://bit.ly/3qBJfxU
Resources Discussed:
Topics Discussed:
- Rule #1 Investing
- Real Estate Investing
- Warren Buffet Berkshire Hathaway Letters
- Risk Management
- Skuttlebutt
- All-Weather Portfolio
For show notes and more information visit www.investedpodcast.com
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