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…
My mom told me to put the statue in the ground, just seems wrong to me but I did it. ...
What about RE/MAX Commercial? Where this classification came from?
I am pretty sure RE/MAX Commercial in volume sales must be above ...
Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI. 
Definitely not a fan of Move Inc.!!! 
A lot of you really need to go back to kindergarten and learn to spell correctly. If you cannot spell ...
In 2008, there was an extension to push first-time home buyers to purchase their homes quickly since the program did ...
I also need HELP and don't know what to do about my problem. I have a garden apartment off ...
I have the same situation. I sold my home in July and am scheduled to to close in a few ...
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).