I received an advertising email linked with my acorns accounts advertising BRICKX. Is anyone with BRICKX or looking into it. I don't know what to make of it but might stick in a tiny bit and see what happens. BRICKX has a built up diversified property portfolio. With $70-120 you can buy a brick or very small portion of one or several properties in the portfolio. (I think each property is divided into 10,000 'bricks') Sounds like a good idea, but what would the real returns on your investment be like?
There was a thread on this https://www.silverstackers.com/forums/index.php?threads/brickx-property-investment.84609/
Thanks for that. Don't know how I missed that thread. Would still like to know if anyone went I. On this and what the realistic returns they got. Sounds like House did.
For what you pay for a BRICK haha...you would need a shit load for anything decent re' a realistic return...save you money and put into a Managed Fund, Super or Bonds. Cheers, HAPPY STACKING
Doing very well with a 3.5% ROI. 1x $140 brick has increased by an impressive $4 in 10 months. The monthly 30c rent dividend has kept me off the streets
Yes but the sarcasm font still hasn’t been added to acknowledge this. Anyway, where else could one get more than 3.5% on just $144?
Would have assumed one would not want to put it into something that drops 50% in minutes. Which one would you recommend and I’ll put $144 in
Well no recommendation on the crypto (lucky as BTC is down 40% since the recommendation request) but is nearly 11% ROI acceptable in your books?
I'd bet putting $144 AUD into BTC right now would yield a better return than BRICKX over the next 12 months.
Looking good, BTC already down ~45% since the bet?!!! And my crappy little brick has 22% ROI Bazinga.
Yeah bull shit, currently being offered at $150 Post a picture of the order book, where are the buyers sitting at? 3.5% round turn transaction costs, yikes.
Off you go and buy one for $150. Can only get that price if you’re buying 20. Lowest price for one is $161. Lot of faith if you think it’ll have fully recovered and beaten my brick by then.