Real Estate vs. Stock Investing #doctor #wealth #podcast #realestate

Real estate investors love to denigrate stock investors, right? They're like, they're speculators. They buy paper assets that are subject to market crashes, and the markets get manipulated. And then the stock investors are always poo pooing on the real estate investors, saying they're just people who want a second job, or they're trying to get rich quick and scheming to do it, or people who can't actually calculate a return. And the truth is, with most stereotypes, there's a little truth in there, but it's mostly not true. Both types of investments have their pluses and minuses. You can do either one of them poorly, but if they're done well, they're both likely to lead to wealth. The bottom line, both stocks and real estate are great investments. Real estate's a little bit more work, but it has a few cool advantages to go along with it. Both have high returns and they have relatively low to moderate correlation with each other. And so I think there's a lot of advantage to having both in your portfolio. You do not have to choose between these. You can have both if you want.