11-30-2007, 09:50 AM
Evan Wrote:Apoc Wrote:I think the article is really saying that stocks are a better investment than real estate... not that real estate isn't a good one. Junk bonds aren't a good investment... there's a pretty big difference.yeah, and Real Estate's one big factor is that you gotta pay to live, no matter what. So for most of us, comparing stocks to real estate is apples and oranges since we arent buying real estate as investments.
That the things though... that article seems to be written from the perspective of real estate as an investment, not primary residence. As you said, big difference from where most of us are at right now.
FWIW, my grandfather and dad made a lot of money in real estate over the last 30 years. They made a lot of money in the market too but it's not like real estate, as an investment, is a losing proposition.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth