Mr L says: invest in real estate not stocks and shares, and not currency speculation unless George Sauros.
Mr L invested:
€50K small house suburb of London 1979, now €650K.
€200K flat in Kensington SW7 1988, now €1.75m
€200K gracht Central Amsterdam 1993, now €650K
(Assume mortgage interest equals rental/dividend)
Show if and how Mr L better off with mixed share/real estate portfolio or 100% shares
What sort of risk profile does Mr L have?