Most investors who are trying to figure out what to do with their savings consider real estate, but the reality is that it doesn’t perform as well as most people think. Today, Paul brings a WSJ article about condo owners in popular areas who are stuck having to pay astronomical insurance prices due to the risk of natural disaster. Paul talks about the risks real estate owners have that stock owners don’t have, such as natural disasters, city planning, insurance prices, tax laws around real estate sales, and condo fees. Later in the episode, Paul reveals how much money social media influencers are making and why the job doesn’t provide the significance or quality of life some people hope for.
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