Hi,
As a person looking to become a specialist and eventually accumulate greater wealth and financial security, I was curious as to why doctors seem to choose real estate and similar investments. Is it the safety and more hands-off approach? I understand that going into something like stock-trading carries significantly more risk with the potential of higher yield in a shorter period of time. But what kind of investments could a specialist with $500k to $1 million in savings be making that is in the middle? Earn money faster than real estate investments but with less risk than the stock market?
Apologies if I sound completely uninformed. Just trying to learn, hopefully from you wise souls!
Thanks!
As a person looking to become a specialist and eventually accumulate greater wealth and financial security, I was curious as to why doctors seem to choose real estate and similar investments. Is it the safety and more hands-off approach? I understand that going into something like stock-trading carries significantly more risk with the potential of higher yield in a shorter period of time. But what kind of investments could a specialist with $500k to $1 million in savings be making that is in the middle? Earn money faster than real estate investments but with less risk than the stock market?
Apologies if I sound completely uninformed. Just trying to learn, hopefully from you wise souls!
Thanks!