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What is the better investment, stocks or real estate. Please use personal experiences if ok.? |
Please use personal experiences if possible. The investment will be long term. Thank you. No "historical" returns please. Both are good for different reasons... I was going to respond to your other question but you removed it quickly so I lost my whole long winded explanation. If you want something that you don't have to maintain very often, go with blue chip stock investments. If you want something that is a bit more dependable in revenue streams go with real estate. diversify/both if you can. Stocks keep fluctuating. Real estate is something, where the value will never fall down.It only has upward movement with regard to value proposition Two years ago my father became ill, to the point where he had t go into assisted living. I am a mortgage broker from Alberta Canada, so I can only give you a canadian real estate perspective. I live in a province with a superheated economy, with not enough workers and places to live for the 100,000 people each year coming for the Alberta Advantage.So if you were here, I would strongly recommend buying real estate, and here's a huge tip from someone who is financing millions in the last month or so. Raw land in Redwater, Alberta is fast becoming the hottest real estate product in Alberta. I financed a deal for a client and she bought & sold 70 acres in less than three days with a profit of $280K. I'm not soliciting for clients, I have enough. So if you want to invest in real estate for the long term, you must look for a market with a sustainable future, by that I mean that your property will be wanted by prospective buyers for a long time. |
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