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Dropped price by a million
- Thread starter Beachlover2
- Start date
Rambunkscious
Beach Lover
I dont believe the theory that buying and holding stocks will beat the return on real estate - this may be good advice - in theory.
In practice, people tend to invest heavily in stocks and then panic and sell during the first market plunge. Thousands of folks in Destin and elsewhere can atttest to how much money they LOST in the last tech debacle. The
posters here do not take this actual fact into account in their analysis.
Buying real estate for your personal home is always the best investment you will ever make.
In practice, people tend to invest heavily in stocks and then panic and sell during the first market plunge. Thousands of folks in Destin and elsewhere can atttest to how much money they LOST in the last tech debacle. The
posters here do not take this actual fact into account in their analysis.
Buying real estate for your personal home is always the best investment you will ever make.
scooterbug44
SoWal Expert
You'll never go broke buying what you can afford and investing for the long haul.
Fast or easy money in real estate and stocks are both risky for a reason.
I feel sorry for those who are being affected by the current downturn in the real estate market, but have no sympathy for those who were trying to get rich quick who are now "stuck" or overextended.
Fast or easy money in real estate and stocks are both risky for a reason.
I feel sorry for those who are being affected by the current downturn in the real estate market, but have no sympathy for those who were trying to get rich quick who are now "stuck" or overextended.
SHELLY
SoWal Insider
Apparently some didn't learn that it was their "follow the herd to riches" mentality that got them into trouble during the Tech-wreck...and it's the exact same thing that now have them in trouble with their Dot-Condos. It's not the type of market that's the problem, it's their greed coupled with their inability to understand investment risk.
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