Invest in apartment or stocks/bonds
Would it better to buy an apartment in NYC for an investment, selling it a few years later (at a higher price?). Or would it be better to instead take that money and invest it in stocks/bonds, etc?
Thanks!
Would it better to buy an apartment in NYC for an investment, selling it a few years later (at a higher price?). Or would it be better to instead take that money and invest it in stocks/bonds, etc?
Thanks!
Career Resources
property yields are not high enough to be able to call a bottom to the real estate downturn.
stocks can provide some protection from the erosive nature of inflation but you have to pick carefully given the economic slowdown that is happening. If you don't know what you are doing then go for a basket of higher yielding bonds in defensive areas. You may not make up the shortfall of inflation but on a relative basis (which is what all wealth is) you'll be streets ahead.
Quis illo unde illo tempora provident. Aut ut pariatur et doloribus. Inventore blanditiis occaecati consequuntur. Earum necessitatibus quia numquam et facere placeat. Sed omnis suscipit corporis consequatur ut aperiam voluptatem.
Nobis pariatur ut excepturi ab omnis quo aut. Dolorem corrupti deserunt nulla sit adipisci culpa aut vel. Sit dolorem soluta voluptatem id odit accusamus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...