Real Estate vs. Stocks: What To Pick If You Want To Maximize Wealth
00:00:00.000 | I want you guys to stop throwing bones to each other's side.
00:00:02.720 | Pretend you're on the courtroom floor,
00:00:04.720 | really trying to convince the listeners.
00:00:06.840 | - If you wanna maximize your wealth,
00:00:08.720 | especially early in your career,
00:00:11.040 | real estate investing is by far the best way to do it.
00:00:13.880 | If you have the energy to put five or 10 hours a week
00:00:17.040 | to get started in, you can literally generate returns
00:00:20.000 | that are double that of the average of the stock market.
00:00:23.000 | And yes, it does take work,
00:00:24.240 | but if you have a good entrepreneurial spirit,
00:00:26.720 | cashflow, appreciation, amortization,
00:00:30.200 | value add and tax benefits
00:00:32.320 | is really unmatched in any other asset class.
00:00:34.880 | - If you wanna invest easily via an app on your phone
00:00:38.480 | and you don't wanna get the 2 a.m. phone call
00:00:40.200 | from a tenant whose toilet broke
00:00:41.840 | and you gotta go over there and fix it,
00:00:44.120 | check out stocks.
00:00:45.040 | The unlevered return is probably the best in the world
00:00:48.160 | that you can get.
00:00:49.000 | You have a little bit of money,
00:00:49.820 | you don't have enough for a down payment or big capital
00:00:51.520 | to become a big real estate investor,
00:00:53.160 | and you don't have a lot of time,
00:00:54.320 | Stock market investing is probably the way to go.