I don’t know if it is obvious, but you can’t live in a mutual fund, or a regular stock, for that matter. But you can, and likely do, live in your real estate investment.
When reading the Sunday paper, I always get a chuckle from the “expert” investment advise articles that warn against the dangers of investing in real estate. I always fast-forward to the byline usually at the bottom of the article, and find contact information for an investment counselor. Big surprise!
I have heard, but haven’t been able to substantiate, that in the United States there have only been two times in history when real estate values in aggregate, dipped, and that the graph shows a steady increase over time.
Of course there are particular markets that fare better than others, but overall, real estate has always been a good to great investment, depending upon where you live.
Where I live, in Santa Cruz County, the cliche is that they are not making beach front real estate like this anymore . . . well, at least not until something like the earthquake that was predicted in the late sixties that the book The Last Days of the Late, Great State of California, (Curt Gentry) said would split California off from the rest of the U.S., and would give the Central Valley some nice, new beaches.
Real estate is the only investment that can provide shelter and comfort, as well as phenomenal returns on investment!
What could be better than that? debryman.com