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Thursday, November 27, 2008

Real Estate? Good Investment?

Have a read at the newspaper everyday, I am sure beside all the usual news good & bad u will come across the financial section, there u will find mostly gloomy news! Prices of share have being dropping like flies & those who have invested find all their investment depreciated greatly & even gone. Now that is a real & very present danger of losing all your investment when you buy the wrong share. So those with monies where to invested with good return?

So how about investment in real estate? The prices of many prime & good real estate has come down due to the recent melt down of share market. Actually the melt down of share market is partly due to the property bubble bust thus the price of real estate also bust.

Now buying a real estate is not a simply matter like buying a car. You will need to do some research & find the real estate you are interested in like have a look at the classified section of the newspaper. All this is very time consuming & u have to do all the research yourself, so how about engaging the service of Scottsdale Real Estate? Scottsdale Real Estate is base in Arizona, so if you are looking for real estate in Arizona you should have a look at the service offered by Scottsdale Real Estate.

Now unlike share which is just a statement, a real estate is a very physical in nature, it price might have gone down now but at least u can still see your investment & you might even lived on it. So to me it is a better investment. Don’t you agree?

4 comments:

Anonymous said...

Good boy, I do not quite agree for your statement.

No doubt real estate is an evergreen investing opportunity... but in today's finance situation, I suggest you use the alternate way..

Since the stocks price is going to kiss dirt. I suggest you keep all you savings now prepare to grab some undervalue blue chip (i.e. Genting, Maybank etc.)

If you give you much better return in 3 years time compare to real estate. :D

'Good Boy' said...

Hi Maco! I agree with u totally! But then those who have got burned in 96/97 crash don't buy share anymore.Those who still got some money left invested in properties.
But like what u say Genting & Maybank is a good alternative but the price is still too high, it is 'window' dressing time!
He! He! On the other hand do watch out for property under auction by bank! U can find some real bargain!
BTW tq very much for dropping in & comment! Have a very nice day!

Anonymous said...

haha true... I'm a risk taker anyway... I just think it's time to speculate for some quick bucks... Did anyone manage buy stock at the lowest point in 96/97 crash? 10 years once opportunity man... Keep an eye on the stocks.

For real estate.. hmm.. it's a long term investment and a long term commitment. If you buy for your own use it's okay, but for investment purpose, it's still too early.. coz the crisis is just begin and real estate need much longer time to recover back.. Therefore, need no rush :)

'Good Boy' said...

Hi Maco! Ah! A risk taken! As they say no risk no gain! Anyway do take profit mow as it is 'window dressing' time! It is going to drop further after that.