With the stock market’s volatility of late, should the savvy investor be looking to something real and tangible---namely real estate? There is something to be said for an asset that you can see, touch and feel. Certainly I am aware that a real estate investment requires some maintenance, has property taxes and insurance expenses, etc. However, I personally am looking today at something that is truly tangible, and with real estate you can usually even have the advantage of tax benefits. Regardless of the market, real estate has definite intrinsic value that cannot evaporate into thin air.
With list prices on real estate also getting much more “real,” I would encourage the investor to look very favorably into making real estate a part of their portfolio. |