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Which in better to invest... a house in florida or in a mutual fund with interest rate of 80%? |
Which in better to invest... a house in florida or in a mutual fund with interest rate of 80%? If you know of a mutual fund that averages 80% documented history then please let me know. is this hypothetical? or is there a fund that pays 80%? if so, what is it? I've never ever heard of a mutual fund that averages 80% over any kind of timeframe.... are you sure about that? Mutual Fund with 80%. A tornado or trailor park can rush into florida and destroy your investment. Well, I think a house in Florida would suck because of the climate but it beats an obviously BOGUS investment! No funds pay that well but if that is the case, go for the fund. If you invest in Florida, your home will just get destroyed in some hurricane anyways. If somebody tells you their fund is paying 80%, they are engaged in blatant fraud. Let the SEC know about it: I'll sell everything i own and invest into the mutual fund. tell me what it is, even though i know one does not exist. Forget the Fund -its too good to be true .Florida second homes for sale are hitting the skids with discounts of over 40-50% in the Naples -Lauderdale area . That could be a buying opportunity but not necessarily a profitable one. Given the uncertainties look into CD's -currently 5 1/2% for short term |
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