Real estate versus stocks: one investor keeps most money in real estate because land holds value and you control it, while another trades stocks and crypto for fun, showing how quickly they swing up and down.
Question is, is real estate investing better than stocks?
A piece of real estate is never going to go to zero. There's always value in the land. A stock can go to zero, and you have no control over it going to zero. Real estate, you've got control.
I would say 99% of our money is in real estate or real estate businesses. And then Flip likes to play a little bit of change in the stock and crypto market just because he thinks it's fun. On that point, every now and then we're at dinner and he shows me his phone and. And for a long time, they are going up, up, up. Well, just the other day, literally the other day, he goes, look at what that. And it was going down, down, down. It was tanky. This is one of those important pieces of stocks versus real estate. Like, it's not like we can jump on the phone and call the company and say, hey, what the heck are you guys doing over there? Because you're losing my money. Whereas real estate, you do have some control over it.
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