Boy, I’m Glad I Invested in Real Estate

So the Dow and the S&P tumbled nearly 5% in one day.  AIG, Lehman, Merrill, Washington Mutual, all names we grew up with and at some time we invested in, are slowly slipping away as their stock values drop and investors run from them.

 

Granted I have lost money on a few of my real estate purchases but nowhere so much so quickly as the stock market fell yesterday, and that is he same market that all the investing gurus tell you to get into. That is the same market that the investing gurus told us to get into for the last 15 months since real estate wasn’t safe.

 

Well let me tell you, my 401k is down to a 201k having lost over 10% since the beginning of the year.  I’ll tell me where is not safe to invest now, its stocks.

 

Ill take real estate any day.  The rental properties perform each month with the tenant paying the rent even though the values may have stayed steady or dropped a few percentage points.  Atlanta homes have held their value well over the past year and a half.

 

Boy, I’m glad my bulk of investments are in the safety of real estate. I was able to sleep last night knowing that in the morning the tenants will still be there and paying their rent.

 

So for all you that tossed all night, think about what the guru said to run from and forget about what they told you to buy.  When all is said and done and the stocks are worth nothing, if you had real estate you would still have the house and land to perform.

 

 

Comments are closed.