Diversification! Common sense investment advice is “don’t put all your eggs in one basket.” Then why do we entrust Wall Street and Banks with all of our investments? We as Americans are conditioned to think that the only way to invest for retirement is to put all of our money in these securities which really have no hard intrinsic value. Real estate is great an alternative investment! Even some financial advisors recommend having real estate as part of your long term wealth management strategy. And NO your home is not an investment, it’s a liability. When’s the last time your house wrote you a check?
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AuthorMatthew Drouin is a full time real estate investor and REALTOR with 12 years of acquisition, disposition, development and management experience in Rochester, NY. Archives
January 2020
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