I’ve started investing in ETFs (S&P 500) but wonder if it would be better to buy a property instead and put it to rent.
I’m in my early 40s and I plan to regularly invest in this and similar worldwide ETFs in the next 25 years, as complement to my public pension.
A coworker told me he saved money to buy a house and put it to rent. He can always move in if he wants and it gives him a stable source of income per month. I don’t know how much.
I don’t know if investing in ETFs in wiser here: on one hand I want a quiet life and now I simply work and the money gets invested automatically once per month. I’ve never been a landlord and I wonder if the learning curve would be too steep. Furthermore, I don’t believe I want to be a landlord. Ain’t it too stressful?
In my area people are selling off their rental properties these days, as the return isn’t worth it any more. I’m sure there are markets where you can still earn a lot that way, but if you’re not interested in being a landlord, don’t become one. If you want a quiet life, keep investing in a diversified portfolio. It’s ok to have other values and goals.