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My pleasure |
Florida has one hell of a bubble. Our property value has increased 40% in 2 yrs.
Pretty good return for real estate. |
I don't think it is like that down here.
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Instead of buying more real estate i have decided to invest in Reits with more liquidity than actual properties and mroe diversification across the whole country.
IYR is an ETF that holds tons of Real estate stocks and pays a nice dividend. And I can get out on the turn of a dime when the bubble starts to fade. |
REITs are great, when my Dad took his public, it was great oppurtunity to sell when it doubled and buy it all back when it plummeted. best way to trade in REITs, be on the inside :)
You watch the Mad Trader on CNN Lars? |
i'd rather live on a lake and die happy
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Jim Cramer ? |
Burstin yup it is
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