If you’re still not convinced that real estate is the best choice for your long-term investing strategy, consider this example. If you diversified your $50,000 retirement fund in stocks, bonds and mutual funds and were able to maintain a 5% annual growth, you would have a balance of $216,097 after 30 years. If you paid your taxes (ordinary income,) put … Read More
Every three years, the Federal Reserve conducts its Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to … Read More
Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years. Stock owners are more positive about real estate than stocks as an investment. Of the 4 listed, real estate is the only investment you can also live in!
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