It should be obvious that billionaires don’t accumulate wealth by accident. Their success is predicated on observation and savvy investment, and a privileged background helps.
Billionaires like Microsoft Corp. co-founder Bill Gates likely saw an opportunity for land investment to return tenfold, by way of food shortages, well ahead of time.
So it should be no surprise that the real estate investing platform Arrived Homes, backed by Amazon.com Inc. founder Jeff Bezos is taking off. He had the foresight with Amazon to turn a book company into a get-it-now, everything provider.
Hindsight is 20/20, but after a global pandemic, turmoil in the stock market for years to come is not unexpected. The stock market has been wildly unpredictable and extremely volatile this year. Whether it’s from the words of Elon Musk or Jerome Powell, the market fluctuates as a result.
Additionally, the U.S. may be moving from a housing boom into a housing bust. Musk said that recession is inevitable, and Jerry Howard (CEO of the National Association of Home Builders) shared similar thoughts. If housing has led us into every recession, the U.S. could be headed for one now.
These trends seem obvious now to many. However, Bezos noticed early and took action. With his bet on Arrived Homes, Bezos bet on a downturn, and the conditions are now perfect. Houses prices and interest rates are high. At the same time, the stock market is as volatile as ever, if not floundering, so people are looking for safer options. With homeownership off the table for many, but real estate still looking promising to those who can afford it, fractional ownership feels right to the everyman.
Bezos not only made a bet on this being the case last year, but he doubled down on it earlier this year. Interested investors are joining the movement, as Arrived Homes has delivered to investors early and continues to show promise as housing prices cool, but rent growth remains strong.
If you can’t beat ‘em, join ‘em — Bezos certainly stands to make money off his gamble, but so can the average investor with as little as $100 to invest. Investing in fractional ownership will not only to diversify your portfolio, but help hedge against a volatile market.
Arrived Homes offers shares of single-family rentals with investments ranging from $100 to $10,000. Investors collect passive income from the rental payments, while Arrived handles all of the property management headaches.
Fractional real estate allows investors to use dollar cost averaging and invest through all market cycles, instead of having to time the market and predict the right time to buy.
Photo: Courtesy of National Museum of Amer on flickr
See more from Benzinga
Who Owns More Land: Bill Gates, McDonald’s or The Catholic Church?
How These 5 Billionaires Used Real Estate To Build Their Empires
Don’t miss real-time alerts on your stocks – join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Reminiscent of communist times? Maybe it's even worse.
Economists predict a much deeper economic downturn that could last into 2024, and warn the U.S. needs a “miracle” to avoid a recession.
In the first half of this year, Vietnamese and Cambodian authorities have rescued 250 people who were lured to Cambodian casinos by human traffickers. In a joint operation, authorities are continuing to bring home Vietnamese nationals. Chinese crime syndicates are believed to be behind the human trafficking operations in Cambodia that have targeted individuals from South East Asian countries, including Thailand, Malaysia, Taiwan, Indonesia and Vietnam.
Over the weekend, we reported on a story out of Baltimore that “drug dealers” had supposedly tried to get $50,000 out of the producers of the Natalie Portman-starring Apple TV+ drama Lady In The Lake and threatened to “shoot someone” if they didn’t get it. According to a statement from the police at the time, the people working on the show simply rescheduled what they were planning to film and found a new location for it.
A new study compares scholarly economic theory to the most-read personal finance books and finds both groups could learn a thing or two from the other side.
With a total net worth of $137 billion, Indian-born Gautam Adani’s extraordinary wealth gain in 2022 has far surpassed that of any other billionaire, many of whom have seen their fortunes drop this year, according to Bloomberg’s running tally. The world’s richest, Tesla (TSLA) Chief Executive Officer Elon Musk, has seen a loss of $18.9 billion this year to bring his fortune to $251 billion, while Amazon.com’s (AMZN) executive chairman Jeff Bezos and No. 2 on the wealthy list, has seen his fortune tumble $39 billion this year, to $153 billion. Bloomberg reported that Adani, a college dropout, vaulted into the top three on Monday, the first time a person from Asia has made it that high into the rankings.
Yoo’s older brother broke the news of her death on her Instagram account, which has since been set to private, on Tuesday. “On August 29, 2022, Joo-eun left this place and went to a comfortable place,” Yoo's older brother wrote in the post. The Instagram post also reportedly included a note that Yoo wrote for her loved ones before she died.
"We don’t have air conditioning. We can’t use toilets. We don’t have water. We don’t have ice."
A few Lakers fans might disagree on that one.
"I can't keep my tongue out of his mouth, he can't keep his tongue out of my mouth," Teresa Giudice said of new husband Luis Ruelas
Who can blame a performer for wanting to know how their audience perceives them, especially when that audience includes undercover FBI informants? Mickey Dolenz, the last surviving member of seminal ‘60s rock outfit The Monkees, is suing the Federal Bureau of Investigation for access to files the agency kept on the band during the J. Edgar Hoover era, Rolling Stone reports.
Dr. Christie del Castillo-Hegyi of the Fed Is Best Foundation didn’t know her exclusively breastfeed newborn wasn’t getting milk and was slowly starving.
MARK HULBERT A lot of money can be made betting on when the Federal Reserve will “pivot” — that is, take its foot at least partially off the rate-hike gas pedal. Yet a lot of money can also be lost, as we saw on August 26 when the Dow Jones Industrial Average (DJIA) lost more than 1,000 points after Fed Chair Jerome Powell dashed hopes that the Fed’s pivot had begun in July.
The woman became suspicious of her husband after watching him on their Ring doorbell camera.
MTV cut away from the band during their performance, angering fans.
Luke Bell's friend, Matt Kinman, confirms the singer's body was discovered in Arizona on Monday.
The Apple TV+ series halted production Friday, citing locals demanding money in order to let filming continue.
Heads up: It’s not all about the Benjamins.
via FacebookA popular Wisconsin TV news anchor and former college basketball star has been found dead at the age of 27 after apparently taking her own life.Neena Pacholke, a former point guard for the University of South Florida’s women’s basketball team and morning news anchor at News 9 WAOW, was found dead during a welfare check by police at her home in Wausau on Saturday, according to TMZ.Her sister, Kaitlynn Pacholke, told The Tampa Bay Times she died of suicide.“My sister was by far the hap
A popular Thai YouTuber who claimed to be a successful forex trader has reportedly left the country after it was discovered that she allegedly defrauded over 6,000 victims out of two billion baht (approximately $55 million). Claiming to be a successful forex trader, Natthamon used her platform to lure victims into investing money with the promise of high returns in short periods of time. The YouTuber would invite investors to deposit money into her account with the promise of 25 percent returns for three-month contracts and 30 percent returns for six-month contracts.