Quote:
Originally posted by Sharpie@Jul 9 2003, 05:33 PM
Real Estate is a great investment - especially at the interest rates...... It is a given if you are under 40. It will appreciate, while most of the 'hot wheels depreciate. There are as many ways to make money in real estate as there are ways to sell porn. Banks sure aren't paying much..... but a balanced profolio is what is needed, for both sunny and rainy days. The most important thing is to DEVERSIFY. The bottom line is always what counts.
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Bingo! I know lots of people who had everything in tech stocks and took a real bath when the bubble burst. Smartest thing I've done is diversify, not only my portfolio in terms of stocks, bonds, funds, etc, but also real estate.
I'm more dirt than liquid!