Reply to thread

Message: [QUOTE="NJHusky, post: 5322915, member: 114"] Not really....Assuming no margin...as that's WAAAY too risky imo. Lets say you want to invest 200k in the market...you need that 200k. I was able to buy property with 10-20% down. So in reality I turned 20k into the current value of the property...yes I had expenses and worked on property or hired folks...but that money came out of the operating budget of the property. And truth be told, my return is infinite as the seller held the down payment. According to chatgpt...20k invested in index fund 25 years ago would be worth between 150-400k depending on dividend reinvestment. I believe real estate and stocks are a complimentary strategy, but real estate allows leverage that stocks don't (without serious risk). If I was smarter, I wouldn't have sold my AMZN when it went up $10 back in 2004...lol [/QUOTE]