The New Rules of Money

The New Rules of Money

The question of the day:  Where is your money?

Is your money in the stock market?  With today's news about the job market and the subsequent plunge in the stock market, any gains made since the beginning of the year are gone.  How about treasuries?  10 year treasuries have sunk to an historical low of 1.47%.  CD's are paying hardly anything.  And bank savings accounts?  You might as well have your money in a bank safe deposit box...the earning power would be the same.

So where should your money be?  REAL ESTATE.  Mortgage interest rates are astronomically low with FHA fixed 30 year rates at 3%!!! This is an unbelievable and unprecedented opportunity for EVERYONE and ANYONE who qualifies to invest in real estate. (And I can't believe the jumbo 30 year fixed rates are at 4.0%!!!)  Just check out today's mortgage rates.

Here's an example of today's buying power: this house could be purchased for $5,915 down and $772.21/month (plus taxes and insurance.)* 

If you've ever wanted to invest in income generating property, there are many opportunities with these rates to earn a cash on cash return of over 20%.  Compare that to treasuries! (Or your 401K...)  What are you waiting for - call me now!

I'm going to be putting my money where my mouth is.  Why don't you join me?  

* Based on FHA 30 year fixed rate 3.932 APR and 3.5% down.  FHA PMI and Bank fees not included.  Contact a lender for specific rate information.