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Money: Where to Invest Your Money
Posted November 27, 2006 8:53 AM
The trends have been going on since before you were born. When the real estate market is in the tank, the stock market is strong. When stocks stink the real estate market takes off. It’s no coincidence that the same thing is going on right now. How can this fluke occur over and over again? It’s not a fluke, actually, investors need a place to put their money and smart investors aren’t likely to try to create trends all by themselves, rather, they’ll study the trends and like the sheep that we are, will follow whatever market is hot. For the past five years real estate was the place to put your dough.
Technorati Tags: investing, money, real estate, rich dad poor dad, stocks, robert kiyosaki
Buy a fixer, throw some paint on the walls, pull out the ugly carpet and toss some engineered hardwoods down, and you’ve just made up to 30% in less than a year. Suddenly everyone became a real estate genius. The truth be told, any idiot that could qualify for a loan could and likely did make money in the ridiculous, never-seen-before market of the past few years. Unfortunately, those days are over. In order to be well versed in finances all around, we at Guyville love the book, Rich Dad, Poor Dad. You’ve probably heard of Robert Kiyosaki’s true story about his two dad’s one great at investing and one not so great, but we love his story telling, his tone and the wonderful lessons to be learned about how to get your money working for you. This is truly a great gift for your man and woman this year.