A freelancer who is financially independent from his real estate portfolio shares the 'pyramid model' that helps him decide how to invest his money
He's not the only investor Insider has spoken to who is doubling down on real estate. believes that real estate is much better from a risk-reward standpointAfter working as an investment banking analyst at a small firm his first year out of college, he transitioned to what's known as the sell side at Credit Suisse in 2012. For eight years, his job involved selling research and stock ideas to hedge funds and asset managers.
The way he sees it,"the S&P 500 index has gone up, on average, 11-12% per year for the last 100 years," he said."With real estate, you can blow those returns away because there are four ways you can make money." If your property goes up in value, that's called appreciation and that's a form of making money. The great thing about real estate is that you can borrow a lot of money to buy the asset, but you don't have to share any of the appreciation, so you're getting what Berkley calls levered appreciation. believes that real estate investing is the most tried-and-true way to generate wealth
Buying property isn't necessarily easy, he emphasized. It requires time, dedication, and tenacity,"but it's pretty straight-forward: If you just buy real estate and you hang on to it for 20 years, you're going to sell it for a lot more than what you paid for it."
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Chicago area families to receive updates on effort to ID their missing servicemembersMorning Insider Lauren Victory took us inside the special Department of Defense event coming to Skokie.
Lire la suite »
Mark Zuckerberg isn't ruling out future layoffs at Meta: WSJInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Lire la suite »
Exclusive photos of flying car ideas from Kittyhawk, Google cofounder Larry Page's failed companyTake a look at the wildest vehicles designed by Kittyhawk, Google cofounder Larry Page's failed flying-car company
Lire la suite »
Russia minted 22 new billionaires last year amid sanctions: ForbesRussia minted 22 new billionaires last year, even as the West slapped sanctions on the country to try to cripple it financially
Lire la suite »
Elite soccer players criticize 'crazy dude' Elon Musk for Twitter BlueAn elite soccer player criticized Elon Musk as 'some crazy dude' after Twitter took away his blue checkmark
Lire la suite »