@prologic@twtxt.net well, when you buy property you are obtaining something tangible, guaranteed. When you bet on the market (I am assuming that’s what you meant by investing), you are not guaranteed.
Not betting on the market no.
income producing assets 👌 The math works out if you’re conservative and don’t over leverage 😅
@prologic@twtxt.net can you be more specific? Arguably, borrowing to buy real estate might be worth it. Buying a successful, established, business might be worth it. Both are incoming producing assets.
@bender@twtxt.net That’s precisely what I’m talking about. Investing in good businesses that are well established. If they also produce an income in the form of a distribution or dividend, that that’s even better. YOu can have some tax benefits too if you do it right. But the trap? (I think) is falling into this false sense of security of thinking you can leverage up to the bank’s LVR (Loan to Value Ratio) only to get caught up. Best to be conservative so you can take the wild swings and obviously diversity.