Stock Market vs Real Estate market
Who woke up and saw how crazy the Stock Market has been? A few days ago we got a great reminder about complaceny and how quickly things can turn in the stock market AND the perception of the economy. I will be the first to tell you I invest in the stock market and I believe everyone should have some sort of investment in that arena. You do need to have the stomach for days like we just experienced. Well how do I feel about Real Estate?
The truth about real estate is it can have its swings as well. The biggest difference (in my opinion) is this: You physically have something with real estate that is tangible you can hold on to. If the market goes against it you there are options from renting it out to selling it, maybe doing a lease option and of course eventually you pay off. You can leave it for your kids or whatever, but in the Stock Market if your wealth is wiped away…….ITS GONE!
Needless to say there is risk in any and all investment vehicles and I personally believe there is a place for both real estate and stocks in your portfolio, just diversify and invest wisely based upon your lifestyle and personality!
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