@chessturd saidI seem to remember real estate taking a major hit in 2008.
Never invest in paper stocks.
It can become worthless over night.
Remember the 2008 financial crisis?
People lost half of their worth because of "paper" stocks and crap like it.
While they were crying about their losses I made money in precious metals.
I'm more of a long term "hold until old" invester...real estate, silver and gold coins in my possession.
REAL ASSETS ...[text shortened]... companies that did that and I can do the work myself and one year is plenty of time to get it done.
The concept of 'real assets' does not always work.
Depends how far down the rabbit hole you want to go.
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@the-gravedigger saidIt did but right now in Canada you can get homes relatively cheap. I'm waiting for the next market crash/correction before I buy property. Buy low and then renovate and sell when the market is better.
I seem to remember real estate taking a major hit in 2008.
The concept of 'real assets' does not always work.
Depends how far down the rabbit hole you want to go.
Property and gold/silver are real assets.
Paper investments are just paper and can become worthless over night.
Edit: property, gold/silver I consider long term investments...not sure about short term investments for profit
