5 ms·
What about real estate? Unlike stocks, land/buildings have some inherent value
by bgorman 6y ago
What about real estate? Unlike stocks, land/buildings have some inherent value
- jordache 6y agowho is going to predict the post covid future of commercial real-estate market?
- scarmig 6y agoWell, if someone predicts accurately the future of commercial real estate, that who is likely to be a fair bit richer than they are today.
- nightski 6y agoStocks have inherent value as well, due to dividends. Price growth is not the only way to make money in the market.
- nerfhammer 6y agoalso, book value, though it's usually much smaller than market cap. if a stock ever fell below its book value you could buy it out and liquidate its assets to make money, so the book value should be a price floor for the stock.
- sgerenser 6y agoThis is extremely uncommon these days, but back in the dark days of the 1980s buying stocks below book value was a common way that people like Warren Buffet made a lot of money.
- jcpham2 6y agoI'm in real estate (rental properties), an IRA spread across 5 growth funds, and maybe 10-20% bitcoin at this point. Edit: Exited my stock positions this year
- programmertote 6y agoAs a novice to bitcoin investing, could you share the best (most secure/trusted) way to buy bitcoin? Thank you!
- qes 6y agoDepends somewhat where you live and what you plan to do with the Bitcoin (long term hold or actively trade).. but major exchanges in major countries are pretty trustworthy these days. Kraken, Gemini, and Coinbase are all quite trustworthy, if any of those are available in your locale. Buying and holding for 4+ years has produced amazing gains in Bitcoin since its inception. Trading often and fooling around with alt coins has caused many great losses and pain. Don't invest more than you can stomach losing or holding in the red for a few years.
- programmertote 6y agoThank you for the info. I live in the US and plan to buy and hold (for diversification) with the money I can stomach to lose. I'll try out Coinbase because it's the one that is the most familiar to me. Happy holidays!
- tradertef 6y agoCoinbase is the easiest to buy. But, I suggest you try another option. Coinbase's whole goal is to make money (surprise!) by selling many "coins" easily. Swanbitcoin or kraken are my suggestions. DYR.
- jcpham2 6y agoFor reference to support parent: that tax implications of the bitcoin I owned and sold after 7 years of sitting on it was much simpler than the bitcoin I bought and sold over and over again trying to make money on both sides of an order book during high volatility. I am a US citizen. I have fully complied with tax law as I understand it. To my knowledge, I’ve never been involved in any darknet marketplaces. I’ve seen an opportunity much sooner than my peers. I have been waiting for the current price volatility since the last ATH spike in January 2019 since exiting a majority of my bitcoin positions. The block reward halving last summer combined with an ever increasing mining difficulty is a no brainer to me. Good luck There’s 7000 shitcoin trading on an infinite number of shitcoin exchanges providing infinite liquidity; that’s what I see. What is there to stop bitcoin?
- waynecochran 6y agoI had the same question. "And that could explain why investors don’t shy away from stocks even at record valuations. There are simply no alternatives." To repeat the question, why isn't real estate considered as an option?
- jfengel 6y agoReal estate was the last bubble.
- peteradio 6y agoThat was a lending bubble. Real money could be driving up the price this time.
- njarboe 6y agoReal estate is going up, and now it is happening everywhere in the US, not just in the hot coastal cities.
- imtringued 6y agoThe real question is why aren't they allowed to build more housing? I mean come on. All the profitable activities are basically banned. Building housing gets banned. Although I am in favor of environmental laws they basically ban certain profitable activities which now have to be done abroad. To be honest all that excess of money should be invested into renewables. No country can have too much renewables because they are low maintenance. The excess energy can be used to create more profitable employment opportunities.