Sunday, May 26, 2019 / by Michael Picciuto
Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks, gold, and savings accounts.
For the sixth year in a row, real estate has come out on top as the best long-term investment! That has not always been the case. Gallup explains:
Now that the real estate market has recovered, so has the belief of the American people in the stability of housing as a long-term investment.
“Between 2008 and 2010, covering most of the Great Recession period that saw plummeting home and stock values,
This year’s results showed that 35% of Americans chose real estate, followed by stocks at 27%. The full results are shown in the chart below.
Americans were as likely to name savings accounts or CDs as the best long-term investment as they were to name stocks or real estate.”
If you have any questions, call me. When you are ready to invest, buy, or sell, visit my website or call me direct, Ken Couture, 702-476-0060.