Investment

» allancoleman - YTD, June 2007

In response to YTD, June 2007 posted by success409:

The joy of real estate for me , success409 , was mostly owning it . When I was a kid , I remember spending weekends with my Dad looking for it , buying it , and selling it . My Dad wasn't one for stocks , bonds , and pensions . He made his fortune in real estate and I think I share that same love of it .

Agree with you about tenants , which is why I sold all of the rentals first and kept the easier maitained empty building lots to sell for last . And yes , over the longer term , the stock market has returned about the same as real estate , but , of course , I didn't know that at the time I was buying real estate at the same time I was investing in the stock market . My real estate was always just meant to be a different leg of my retirement portfolio incase the other leg didn't pan out .

-- posted by allancoleman