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Originally Posted by goBigtime
In the dot com days, it was like the more money average investors were making off the boom, the bigger critics they were of the people who tried to warn them.
It's like they say... the bigger they are, the harder they fall.
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You are making a compositional comparison between metalities but at the end of the day, it lacks validity.
Dot coms are a recent, might I add, very recent business model still breast feeding from Adam Smith books while Real Estate is a timeless investment; one which has always appreciated 7 to 10 percent (give or take).
Include 4 depressions and you still can say roughly the same for stocks, which is very telling if you draw comparisons around the world.
Rising interest rates "can" force more rental surges, depending on where you buy. Economies should not, IMO, be judged on a national scale, but more specifically by regions, maybe as narrow as cities, in the US.
Gold is great, but look at the evolution of Gold. For each rich 49er you had 10 starving kids.
BTW. Good thread.