Historically, I've viewed stocks as funny money. It's not real until it's converted into something you can use.

Given the lack of utility for stocks, I've long preferred owning real estate. Being able to touch, see, and enjoy your investment without experiencing daily volatility is a huge win. And the feel good wealth effect of a neighbor's house selling for way more than you paid feels more impactful than a stock going up by the same percentage.

When you can enjoy your asset AND make money, it feels like you got something for free. We all like free, so real estate wins. READ MORE