NOT A SCAM: Where to Invest Your Money with the Most Promising Returns
A recent Gallup Poll involving 1,000 adults in the United States gave interesting insight on what modern-day Americans perceive as the best long-term investment. Real estate has been the top choice of investment for the past two years and has bested four other popular investment choices: stocks and mutual funds, gold, savings, and bonds.
Thirty-five percent (35%) of the sample's participants chose real estate as their top investment choice. Stocks and mutual funds followed at twenty-two percent (22%); gold at seventeen percent (17%); savings accounts at fifteen percent (15%); and, bonds at seven percent (7%). Current data shows a dramatic change in the preference of the public, since the popular choice in 2011 was gold at thirty-four percent (34%) and real estate at a measly nineteen percent (19%).
Gallup says that "as the average sale price of new homes in the U.S. increased from $259,300 in August 2011 to $348,900 in February of this year, the percentage of Americans picking real estate as the best long-term investment almost doubled." The company also noted the rapid depreciation of gold's monetary value from 2011 to present: Gold used to be priced at $1,910 per ounce in 2011, but now it is currently at $1,254.
What does this have to say about your long-term investment decisions? Nothing much EXCEPT the fact that you might want to consider being active in the real estate investment arena and take advantage of this emerging trend. You can call us at (512) 522-4659 or send us a message to help you find homes you can start with.
To read the complete article by Gallup.com, please click here.