Originally Posted by
Flying Yak
Simplistic answer but do both. I have been nicely pleased with my commercial real estate and very happy with my stock portfolio. I am a pilot not an expert in those endeavors. Becoming wealthy is 90% discipline with common sense and 10% luck. MHOO.
Excellent point. Personally while I'm not Jewish I do subscribe to the philosophy from the Talmud text of "Let every man divide his money into three parts, and invest a third in land, a third in business and a third let him keep by him in reserve."
So for me:
33% in emergency fund
33% in Real Estate (Syndications/Partnerships)
33% in Net Net and Deep Value Equities around the globe
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