Real Estate Talk

May 22nd, 2010 1:52 PM

Considering the problems the Real Estate Market has experienced, did you hear what was said on CNBC May 20, 2010 when the Stock Market took a big fall?

One analyst stated the stats. "If one bought stocks in the Dow Jones Industrials ten years ago as an investment, your portfolio today would have gained 0 percent over that ten year period (2000-2010)".

In comparison, lets use the South Bay (South Torrance) as an example, if one bought a 3 bedroom, 2 bath home ten years ago (year 2000). Purchase price approximately $500,000.00. Today the approximate value would be $700,000.00. Real Estate has and will remain the king for investors.

Ed Carroll Jr

 

 

Posted by Ed Carroll Jr. on May 22nd, 2010 1:52 PMPost a Comment (0)

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Ed Carroll Jr     

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