What has created more millionaires – real estate or stocks?

What has created more millionaires – real estate or stocks?

There seem to be a lot of answers that start with “I would say” or “I think”. I will share my thoughts but before I do that, Dave Ramsey did a survey of 10,000 millionaires and between stocks and real estate, stocks won buy a large margin. Inherited wealth was a small number. I won’t say that makes it a fact but it is something more than a guess like most of the answers.

I think what you have is tons of quiet millionaires who got there by working a good paying job that possibly had a matching 401-K and investing regularly. They don’t think of themselves so much as investors as they do just having a good retirement plan. Anyone who starts at 25 and invests $ 100.00 a week in a mutual fund or ETF will end up retiring with 1.2 million and that makes them one of the quiet millionaires I talked about.

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Anyone who starts in with 20K or so and decided to invest to build wealth probably can do it faster in Real estate. Real estate returns on average about 3 percent a year vs stocks returning 9.5% a year but with real estate you can use leverage.

Source :- https://www.quora.com/What-has-created-more-millionaires-real-estate-or-stocks

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