Monday, August 15, 2011

Real Estate vs Stock Market

I’ve often joked that I’m a liberal conservative. I think both the far left and the far right do more harm than good for our country. But, with that being said, the current Washington makeup is not good for our country and it is far from good for our industry. In just the last week I have seen my wife’s and my stock portfolio lose over $20,000. I don’t know about you, but $20,000 is a big deal to us. Just now as I was writing this article the “ECONOMIST MAGAZINE” called me about a new online Real Estate Marketing piece they’re creating. I shared with them that I was doing this article and they agreed with me that in the next couple of years Real Estate is probably the safer place to have your money. I’m sure I will get a lot of mail disagreeing with this statement, but I stick by it. At the same time the uncertainty of the stock market due to the debt in the country, the unknowns facing companies with Obamacare and with the uncertainty of taxes over the next two years will hold down the stock market. I didn’t lose $20,000 in the last week on my Real Estate holdings, but I did lose $20,000 in the stock market. In fact if my Real Estate holdings went up just 1% I’m up $40,000. Basically they said we can kiss good bye to any real growth in stocks over the next few years. So now you have Real Estate that is actually starting to come back, combined with the lowest rates yet, and a stock market in turmoil. Now is probably the best time in years to buy Real Estate. Real Estate Marketing

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