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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Replying to @arthur_affect
PROPERTY IS REAL YOU CAN PUT YOUR FOOT ON IT. STOCKS ARENT REAL ARTHUR
48 replies 2 retweets 227 likes -
Replying to @thelindsayellis
Just because you can put your foot in a house doesn't mean its value can't rapidly dwindle to nothing for reasons you don't understand or control
5 replies 1 retweet 168 likes -
Replying to @arthur_affect @thelindsayellis
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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Replying to @TheLegalV @thelindsayellis
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)
2 replies 0 retweets 11 likes
Buying real estate through a middleman, like buying shares in a REIT, is essentially the same kind of thing as buying shares of a fund - it brings you back to the same opacity people don't like about buying stock
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