Quote:
Originally Posted by John Mercier
Quite a bit worse. Unlike a REIT that has a portfolio with some diversified risk, a single property - raw land - has heavy acquisition costs, liquidation costs, and heavy carrying costs.
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IMHO, land is a terrible choice. carrying costs and lack of liquidity make it a nonstarter. you discount stocks out of hand and I don't know why. over the long run, stock index funds are tough to beat and completely liquid with essentially zero cost as vanguard has index funds with mgmt fees under .1%. SWTSX is vanguard's total market index and is a good place to start. obviously no assurances can be made but given the choices it's probably the most logical.
oh and crypto is a complete casino. good luck with that in ten years.