How Does Real Estate Seem Like A Good Investment in 2008? Part 2
November 20th, 2008 • Related • Filed Under
We saw in the first post that the Dow Industrial average is down 44 percent in the past 52 weeks. That is trouble enough.
But imagine being long in Oil?
Oil dips below $50 a barrel on New York exchange for the first time since reaching record high of $147 in July. via CNN
You would be down 66 percent.
Maybe real estate is still a brightspot in the economy even with the drop in prices.
It was just ahead of it’s time…
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Great blog, keep the great content coming! 
If you want to succeed, do not say "we can prevent this in the future." Live in reality. ...
The price of the property depends on its quality and the deal between the management. Good and wise choices are ...
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Comment by Carmine Tutera, Street Wise Investments Inc. on 20 November 2008:
Not only is real estate a bright spot it should be a part of everyone’s IRA and 401K account because of the following*:
1). Nobody can inside trade your property*
2). No one can fake the balance sheet*
3). No one can fake the vacancy on your commercial strip center*.
These are just a few reasons why commercial real estate should be a big part of your overall investment strategy.
*Takes into consideration that you take an active role in your “own” investments and don’t hand them over to someone who just wants to suck off you (like a management company).