Quote (Taurean @ Mar 13 2017 01:26pm)
You're better off buying a second house, putting the money as a down on a loan, spending time fixing the house, then renting it out.
The deal with stocks is, unless you have professional experience with it, you have absolutely no control over what happens to the company. Information that is released about it, is usually acted upon before that information is released, so when you hear about it, you have no chance making money on it. Somebody else is sitting waiting for you to buy, so that they can sell.
Stocks is really a money racket for sharks. Unless you know how it works all around, never buy stocks.
Buy and rent out houses. When you've made enough, you can hire people to do it for you, so you don't have to do shit.
I know the title is cheesy, and so is some of the things he says here, but there are valuable advice here too. Don't bother buying his books, because everything he has to say is in this video.
http://www.youtube.com/watch?v=buK-a70E0bI
Stock investing can be very hands off. Earning income and equity from rentals is a full time job in itself, not to mention having the down side of renters who dont pay (Meaning you need additional capital to compensate), renters who damage the home, increased liability risks, etc.
Real estate can definitely be a very solid investment, but its not for everyone.