Category Archives: Dividend Investing

Stocks or Real Estate? My Answer and Reasoning

Stocks or Real Estate?
Stocks or Real Estate?
For me, the answer was stocks.

A few days ago, a friend was visiting, and she remarked that I had the same real estate investing book on my shelf as she has on hers. Neither of us has ever invested in real estate, other than the houses we live in. (I don’t consider a primary residence an investment because my family and I need a place to live – but that, as they say, is a topic for another post.) She knows I that invest in stocks, and she asked why I had chosen stocks over real estate. Here’s the answer.

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“The first $100,000 is a bitch”

The first $100,000

Seems daunting from down here, doesn't it?
Seems daunting from down here, doesn’t it?

In her book Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger, Janet Lowe credits Charlie Munger with uttering the sentence, “The first $100,000 is a bitch” at an annual shareholders meeting.

It may be tempting to roll your eyes and see this as some kind of platitude that has no real relevance to where you are today, but that would be a mistake.  There’s both wisdom and math behind that deceptively simple sentence.

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