First rule of managing a portfolio is diversification. Unless you have many millions, putting a huge portion (to not say all) your money in a single asset... is a bad idea.
Maybe you're very wealthy and plan to buy commercial real estate in the 5th Ave in NYC. Even if your returns are going to be crap (since you're going to pay a hefty premium), there is no chance for that not give you a steady income.
You live in Europe. What if the US economy and thus the dollar gets weak against the euro (again)?
If you have at least $300k (how much a house cost), you can buy stocks from hundreds of companies from ten sectors. Hell, if you buy only REIT stocks, you're already diversifying more. Would be like buying hundreds of tiny houses from all over the world. You can invest in US, Asia, Europe... All without having to worry about managing a place.
I'm going to do a datasheet probably this month about it.
Maybe you're very wealthy and plan to buy commercial real estate in the 5th Ave in NYC. Even if your returns are going to be crap (since you're going to pay a hefty premium), there is no chance for that not give you a steady income.
You live in Europe. What if the US economy and thus the dollar gets weak against the euro (again)?
If you have at least $300k (how much a house cost), you can buy stocks from hundreds of companies from ten sectors. Hell, if you buy only REIT stocks, you're already diversifying more. Would be like buying hundreds of tiny houses from all over the world. You can invest in US, Asia, Europe... All without having to worry about managing a place.
I'm going to do a datasheet probably this month about it.