I don't really see putting your money in an index fund as "gambling" more than buying investment properties Individual stock picking absolutely is gambling though
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Also, someone can buy some shit stocks for hundreds/thousands of dollars. Buying real property and keeping your hands on it takes more than that.
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Actually buying a house to flip it or rent it out is a huge hassle (and a lot of Internet leftists would argue forces you into an unethical position) Buying the house you live in isn't "investment" but consumption (you can't get the money back out without risk to your lifestyle)
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yeah idgi. a house is equity you can use you can use for stuff like, idk, shelter. you can't use stocks for literally anything. stocks aren't real.
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that's true. Sucks, huh? People who bet fake money on fake things running the life of 99%. That's why people are willingly screwing over hedge funds
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Yes, and just because stocks/real estate/money/ownership are ALL socially constructed does not make them "not real"
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You’re missing the point in saying “value”. Yes, from a money standpoint, the land can be “worth” less, but even at $0 it still exists as a tangible thing with physical property. Stocks don’t offer that tangibility
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Why the hell do I care about owning a tangible physical thing that I don't have any use for and can't get any money out of I mean, gold coins are also physical tangible things and unlike land they're also fungible (my gold can't go down to $0 unless all gold goes to $0)
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It's also kind of an "all your eggs in one basket" thing, right? If you buy a house, that can make sense financially, but you're making one big bet on the worth of that house vs an ETF which spreads the risk over a bunch of different companies.
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