The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/stockgoddess-you-could-try-to-council-your-mom-29228005.aspx

Subject:  Re: Real Estate investing a smart move Date:  4/9/2011  3:58 AM
Author:  sailrmac Number:  68850 of 75787

Stockgoddess,

You could try to council your mom that property is similiar to stock, precious metals or any other investment. Cisco was worth a lot more in 2000 then less, then less, holding it all this time waiting for that price someone else got in 2000 has not been a good idea. When prices are falling, if you know they are falling, the best thing to do is usually to get out now even if "below market". It's actually easier to understand the trend in a peice of property than a stock as it moves much slower, there's all sorts of indicators of demand and supply and prices are sticky.

Sailrmac
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us