Then buy REITs.
I momentarily forgot buying stocks isn’t “just buying parts of companies/raw materials”. Well actually it is, bút instead of your average Tesla/S&P500/Facebook stock, you can also invest in real estate.
Tony reminded me again in one of his books to invest in REITS aka “Real Estate Investment Trusts”
Bluntly: REITS are lower risk, lower work and lower returns versus putting your money in buying your own physical real estate. I invested a little bit in Digital Realty Trust (NYSE:DLR). It operates data centres and has customers like Facebook. It’s been up for roundabout 20% this year and pays a 3.1% dividend.
I probably lost more with transactions costs and FX-rates but feel like a real big baller by finally dipping my toes in REITs and call myself a REIT-owner. And isn’t that what it is all about? #braggingrights