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Real estate. Great hedge against long term inflation. And a mortgage allows you to borrow 5X at low interest rates, with rental yields generating a profit. Example: you can borrow 2M at 2% (interest only) and rent out at 3%. Real estate rising 3% on average means a capital gain of 70K a year, which is a 16% yield on your 450K investment.

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the problem with real estate is that it's work. Even if you hire a management company (which does hit your profit), shit like bad tenants can really screw you up, if only in term of time spent on paperwork and legal garbage. In the best case scenario it's low (but not zero) work, but in the worse case it's a LOT of work.

Get LEGAL Indian immigrants as tenants. Especially the ones with tech related jobs. We always pay our rent. We dont want bad credit. We keep things normal.

The rent's the easy part. It's what happens to the apartment, neighbor complains, etc that matters (and race doesn't really matter for this, everyone's capable to be assholes in their own way).

Plus picking tenants based on race is quite illegal.

Agreed. Apologies if offended.

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