.MASSHOLE.Real Estate is actually one of the better things to invest in if you have the excess cash.
Why? You always have a tangible asset. Sure, you can lose money on it like every other asset but you never run the risk of it being worth $0 like a stock.
I know quite a few people who managed to turn excess cash into real estate and eventually were able to retire because of the free cash flow from their holdings.
**This post was edited on Nov 1st 2018 at 2:52:43pm
Real estate is a great investment but I'm gonna get pedantic:
Real estate isn't intrinsically " better " than other investment vehicles. Real estate, Equities, Fixed Income, REIT's, Private Equity Funds, ETF's, Commodities, the list goes on. Each different investment has it's own strength and weaknesses, along with it's unique location in it's market cycle. And to address the advantage of real estate being physical, yes - you will always have a physical holding, but a brokerage account will never have it's pipes burst in the winter, or need a new roof, or have unruly tenants.
Real estate is also highly localized. I wouldn't touch any of the current SoCal inventory with a ten foot pole, but Boise ID still has value left.
Edit: I thought you said real estate was the best investment, my bad. It's frustrating because I know alot of dumb wealthy people just throwing money at real estate cause their adviser said it was failproof, and yet they get miserable returns. One needs a lot of skill and diligence to beat the market in Real Estate.
**This post was edited on Nov 2nd 2018 at 4:31:03pm