Go with what you know!!! Stocks? NO WAY!
The following article, compliments of Jimmy Cooper, expresses my sentiments and those I'm sure of many others across the country. I've invested in real estate since I was 17 years old (yes, true statement) and only recall one property that failed to return a profit. How many can make that statement about the stock market?
While the housing market may be soft, the stock market is extremely volatile. Buy real estate; it's a smarter investment.
Pat Starnes, Broker Associate
I want you to know what a University of Tennessee professor taught us long ago. He preached "Go with what you know!" Now I admit that my purchase and sale of stocks in the market has been limited. My purchase and sale of real estate properties have been constant for almost 20 years!!
Real estate investments have always been better for me than any stock purchase. And if I recall, I used all of MY MONEY to buy stocks, and I used OTHER PEOPLE'S MONEY to buy real estate. You do the math. Isn't that a better return on your equity?
I've heard a few comments from would-be investors sitting on the sidelines that indicated that they were "waiting for the bottom." How low can it go? It reminds me of the limbo dance. Some people are more skilled at manuevering around the pole when it gets real low. But the majority fall on their butt. It would be better if I got into the game and got myself under the limbo pole, and got out on the other side. I might even have a chance to go around and get back in line to GO AGAIN!!
So here's my thought: I know what you are going to make by sitting on the sideline and waiting for the bottom. Wait. Here it is: $0000000.00 !! So listen to this: GET UP AND GET IN THE GAME! Find a property with a Realtor and buy it for your new home or buy it for an investment! Smart investors are buying up a lot of property right now while they can.
If you want to go with a pro, call me and let's tour the REO and HUD properties for sale in and about Dyersburg, TN! I'm Jimmy Cooper, and you can reach me at cooperj@ecsis.net
Oh, by the way, we are now DYERSBURG REALTY! Same office . . Same hometown folks . . Same place!
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