Even the site thinks you are a bot. Try going incognito - it should work.
Actually I think passive RE can get you to maybe around 3 or 4M over 10 or 15 years. Itās very difficult to get to 10M and beyond just sitting your ass on RE. Making lots of money elsewhere being a highly paid SWE or doctor and parking money in RE doesnāt count.
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Sitting on your ass is never profitable in the long run. RE investments require active management.
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But what about in Canada???
https://finance.yahoo.com/news/whats-better-investment-real-estate-stocks-150531386.html
Mr Loo is running out of topics to talk about. In Singapore, comparing SG property vs SG stocks, IMHO, SG property is a better investment. However, he is not comparing apple vs apple. He is comparing US stocks vs SG property.
Since he bought a home in Austin Heights in Malaysia, he can start branching out with Malaysia material. There is nothing to talk about in Singapore because well Singapore is kind of boring and sterile. The action is on the Malaysia side.
Whatās a BPO? Is this Singapore RE? How does it compare to PA real estateā¦ location location location is all that mattersā¦
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BTO = Build To Order. Singapore HDB flats.
Singapore stocks are bad investments. So Mr Loo compares HDB to S&P index. He was pressurized by his readers for missing out in RE investment in light of rapid appreciation of property in Singapore for the recent 4-5 years. IMHO, comparing to a foreign index is not appropriate.
In US, owner-occupied vs S&P index would depend on location. In SV, pretty sure Primary home is better than S&P index because of high CAGR of 6-8% and favorable tax treatment.
Same applies to SF primary residence too?
Mr Loo doesnāt know sheeetā¦ Just another old man so vain he gets a hair transplant and who knows what.
Rolexes Outperformed Stocks, Real Estate and Gold Over the Last Decade (robbreport.com)