Real estate is by far, the best investment, at least in terms of taxes.
You should check out our group, Real Estate and Taxes, there's a lot of information about why real estate is a great investment.
I have never lost money in real estate... I think the days of flipping property are over... Long term, I couldn't think of a better place to put my money....That's my two cents :) Anxious to see what others have to say.
I'm invested in a REIT. It's down 11.34% since I bought the shares in November of last year. I'm in the market for the long term, so it doesn't worry me.
Like always, it depends on who you talk to. If it's a seller, the prices are not dropping and their house is worth more than market value. If it's a buyer, the prices will hit rock bottom any time soon!
Seriously though, statistics show that real estate is the best investment you can make, but you still have to do your homework. Just because you buy a home does not mean that you will make money on it. You have to get the right home, in the right location. Buy smart and you'll probably do ok over the long haul.
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