marcymartin (December 31, 1969 at 6:59 pm)

You forgot to mention that with real estate you can loose more than you invest when you are levered. True a stock can go to zero but a diversified index like the DOW will never go to zero. In the stock market your lose is limited to your investment. With a house people have lost much more than their investment! How are you making 20% a year?

warshingtonyank (December 31, 1969 at 6:59 pm)

Great info. Obviously you don't like stocks but how do you feel about maxing out your Roth IRA every year?

skinhead2582 (December 31, 1969 at 6:59 pm)

great!

gn0m1k (December 31, 1969 at 6:59 pm)

Great video! Thanks for the information.All of your points are very helpful, but when you say to own things that are of value, implying intrinsic value...Nothing has intrinsic value. I think you mean hold something that society consistantly holds as valuable such as precious metals, or maybe values that can be used in the external world that have utility such as oil, food, shelter.Actually, I guess as long as there are humans these commodities generally will always be valuable.

EcoWhale (December 31, 1969 at 6:59 pm)

How do I protect my precious metals from theft? A bank safe is nice except transport theft & loss possibilities. I don't like real estate because if I move, it's so hard to sell as that can take many years and extreme patience. That doesn't leave much to invest in as far as tangible things.

MyZenSide (December 31, 1969 at 6:59 pm)

I would so agree with this video IF 1) mortgages were based on principal only, 2) houses had no maintenance and insurance costs, 3) houses had no yearly taxation (school, municipal, etc.). Also, about the 20% rate of return, was this an hypothesis? And what does one do with "idle cash", surely housing and precious metals are not the only options ???

drinkinwithbob (December 31, 1969 at 6:59 pm)

stock up on shoes clothes tools a very good idea

gooddayforme (December 31, 1969 at 6:59 pm)

beginmoneyinvesting com

gooddayforme (December 31, 1969 at 6:59 pm)

Ok.

MonicaLewandowski (December 31, 1969 at 6:59 pm)

I realize that you are not from America, my comments then don't apply to you Kartikandrao, I don't know what it is like in your country. Here, we are facing some serious financial ruin, that will affect everyone whether they know it or not. And these are what my comments are based upon, and conventional wisdom.