Investing is broad, but necessary, category in a person’s personal finance world. Leaving your savings in just cash never made much sense nevertheless at today’s rates. Investing is often thought about in terms of buying stocks, but it is more than that, you could invest in an insurance based product, real estate, a business, yourself, etc.
I think the major difference (for me) between buying equities versus buying real estate is the complexity of the deal. I was very excited about my recent possible real estate deal, it felt perfect! Financing was done, the home had equity built in and I even had a tenant that cared about the home...and then I had an inspection done on the home. Given the title of the post, I am sure it is evident that this particular deal didn't work out (again). Not only is real estate local with regard to understanding value, market, etc., the customs when it comes to closing and contracts is [...]