My parents are convincing me to invest together as a family. They want us to split the cost and try our luck in either real estate or dividend investing, but we can't decide which. We are weighing the benefits and drawbacks of both options.
My father suggested that we consider real estate investing because it has been shown to be beneficial in the long run, and if done correctly, it can generate lucrative returns for us. While having our money in the market will undoubtedly require less energy and effort from us, dividend investing will undoubtedly require less energy and effort from us.
I'm not very knowledgeable about this and I really want to support my parents' plan so I've been researching and looking for various platforms that can assist and guide us through our investment journey. I came across Hedonova, Fundrise, Carl Inc., and Yieldstreet but I'm not sure which one to use. Is it possible that some of you already experimented investing through these platforms?
I don't want this to go to waste because I want to ensure that it will be a reliable source of income for my elderly parents.
I'm excited to hear about your own experiences and specific recommendations for a better strategy.
Submitted April 06, 2022 at 06:12AM by mad_accomplice https://ift.tt/4qTEd6O
