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Real estate is just another type of investment, and one that can bring diversification to a portfolio. Of course if your net worth is all invested in your home,
by spac 9y ago
Real estate is just another type of investment, and one that can bring diversification to a portfolio. Of course if your net worth is all invested in your home, your risk/reward profile is probably suboptimal (YMMV!)
- OscarCunningham 9y agoYou could invest in a real estate investment trust (REIT) to diversify over several houses rather than just one.
- spac 9y agoAbsolutely. But I guess that when you look a the diversification together with the opportunity to be the owner of your own house, it's a sensible investment. Basically I was just disputing that buying a house is never a reasonable investment choice. But hey, I'm not number 200 in the list of richest Americans ;)