I've heard that being too keen on real estate is a common pitfall for middle class investors. Between that and personal bias, I'm avoiding it (at least directly).
My portfolio is primarily stocks, which I find surprisingly easy to work with. You just pick well-run companies in fields you understand, ignore financial news, and wait. I should be capable of living off interest in four years.
I've heard that being too keen on real estate is a common pitfall for middle class investors.
I'm in US but I agree. I'm not old enough yet (I hope) but most of friends' parents lost all they had later in their life and from what I heard they were heavily into real estate. Some owned few houses and others worked as realtor.
For those that owned houses, they were extended too thinly and couldn't sell fast enough to cover mounting interest and cost when economy tanked, resulting in bankruptcy.
My portfolio is primarily stocks, which I find surprisingly easy to work with. You just pick well-run companies in fields you understand, ignore financial news, and wait. I should be capable of living off interest in four years.