The mental / psychological pressure is totally different. We are talking about someone with <5M networth of course. 1M to someone with 100M networth is no big deal, just like 2K to someone with 200K networth. You need to care in order focus. It needs to hurt to the point of disgusting you in order to force you to learn.
RE on the other hand, is a slow business. You will not be subject to a margin call from your mortgage bank, as long as you have enough cash flow to cover your expenses. So you can afford to sit tight and wait it out over a downturn. A highly leveraged position to speculate on RE price appreciation, on the other hand, is a totally different story.
So if you have not lost 100K+ while doing active day trading a mid 6-figure account AND owned / managed at least a low 7-figure RE investment portfolio, you are not in a position to talk about the risk of stock trading vs. RE investment.
just my 2c
RE on the other hand, is a slow business. You will not be subject to a margin call from your mortgage bank, as long as you have enough cash flow to cover your expenses. So you can afford to sit tight and wait it out over a downturn. A highly leveraged position to speculate on RE price appreciation, on the other hand, is a totally different story.
So if you have not lost 100K+ while doing active day trading a mid 6-figure account AND owned / managed at least a low 7-figure RE investment portfolio, you are not in a position to talk about the risk of stock trading vs. RE investment.
just my 2c
