I have been investing any surplus cash I have made in the last few years in shares.
I had been burned in the property market with the crash of the Celtic Tiger property values back in 2008 or thereabouts.
One of the biggest problems with investing in property is its liquidity, or lack of liquidity if you need cash fast.
This was not a problem with stocks and shares which you can turn into ready cash with the push of a button on your Mac keyboard or iPhone.
But one feature-liquidity-of a particular asset class should not be the sole determinant as to investing in one asset class over another.
Other factors should be considered, too. For example, with property you can add value with a bit of imagination, and perhaps some more capital.
You cannot do this with shares. You can only wait, and you are at the mercy of the market and the actions of the boards of directors and executives of the companies in which you have shares.
A solicitor with an interest in property and titles has an advantage over others when it comes to property. And can add value, unlike with an investment in shares.
Sometimes it takes a long time to recognise where you may have an advantage.
Of course, it is not an either/or decision.
You can invest in both property and shares, if you have sufficient funds.
If you don’t, see where you might have an edge.