Buy Real Estate Not Stocks
The word on the street is that you should buy real estate, not stocks. There is a lot that can be said for this piece of advice. Let’s face it, you could buy a stock today and see it drop tomorrow, and the last couple of weeks have seen a lot of drops. Certainly the same could be said for real estate, the past few years have definitely seen dramatic drops, but overall real estate can offer a more steady investment over time.
Unlike investing in stocks, housing can help pay for itself through tax write-offs and rental income. While there are some stocks that offer dividends, for the most part you buy at one price, and sell for another.
In addition, most real estate markets appear to be bumping along the bottom. While many areas continue to see drops in home prices, the drops do appear to be less dramatic. Affordability levels are better than they have been in 50 years, another great incentive to invest in property.
Overall, housing appears more stable than the stock market at the moment, combine that with the ability for your investment to help pay itself off and real estate seems like the place to be. After-all, it’s definitely a buyers market out there!
Click here to read “Forget the Market. Buy a House”, from Smart Money.
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