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Real Estate vs. Gold... Which is a better investment?
At this point, what is a better investment?
Buying Gold? Or buying a triplex in a growing location? |
for awhile there, a zip of gold was less that a zip of the NorCali sticky icky. Currently its better but only by 60 bucks. I say fuck with some real estate in Houston or Austin Tx.
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Both
Land will always be worth something, but paper money not so much. |
Gold as an investment is a joke IMHO.
If you bought gold in 1980 it cost $850 an ounce. Today gold is worth $650 an ounce. That's a negative 26 year return. The numbers are even more brutal when you take inflation over the last 26 years into account. If you MUST buy gold, buy the exchange traded fund "GLD" so you won't have to pay exorbitant fees to sell it later. :2 cents: |
MArijana
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real estate :)
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Oil Trust Stocks
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I would always go with real estate especially long term :)
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real estate of course
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There are plenty growing locations on the planet :) |
real estate :thumbsup
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real estate..........
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Real Estate
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Real estate in the long run. It has a decent longtime record of beating inflation.
Gold is more of a speculation; unless maybe you are a genius at forecasting the long-term supply and demand of commodities. |
Coke is where it's at.
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realestate for gain, gold to be able to flee the country with some wealth when the government collapses!
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Real estate by far. People will always need a place to live, they don't really need gold. You can use anything as a currency, can't use anything as a place to live ;)
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Real estate for sure.
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If one was better, nobody would be investing in the other. It really depends on the situation, and your investment goals. For instance, gold goes up when people worry about the stability of the economy, or of the dollar.
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Real estate has greater long term prospects but you have added work. Sout african gold mines generate a positive return and usually are out of favor do to the conditions. Might be a nice yield builder.
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I started buying up gold in 2001 when it was around $300 an ounce. Price today, $650.. |
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open up a subway restaurant
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http://www.weisspremiumservices.com/MAM/142/chart1.jpg |
buy some land and plant some corn! E85 might be bullshit, but the farmer mafia will be cashing in big time on this one.
In answer to the question - gold. After the republicans have secured their spot in the next election the housing market will collapse in many major cities, inflation could become a serious issue, and it doesn't look like the middle east is stabilizing in any hurry. Gold is still a bargain at these levels. You don't have to just buy GLD or coins. The junior mining field is exploding right now, it might be riskier but the payoffs could be huge. |
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For gold to ever reach those kinds of levels again we would need hyper-inflation like we had back then. The fed isn't going to let that happen, they're still raising rates in the face of a slowing economy because they're such inflation hawks. The only people who will tell you that gold is a good investment are either A) Trying to sell you gold, or B) Have been convinced to buy gold and are trying to justify their decision. |
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That's like saying the NASDAQ used to be at 5000, and today it's only at 2041, so it must be so undervalued. Yet we all know that at 5000 the NASDAQ was ridiculously overvalued, so you can't really compare today's prices to the all time high and use that as the basis for a decision to invest. I also think it's VERY FAIR to compare an investment vehicle in historical terms. If you had invested in real estate or the stock market in 1980 you would have tripled or quadrupled your investment easily in the past 26 years. If you bought gold in 1980 you would have lost 2/3 of your purchasing power by now. |
real state - always said that.
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This is like asking which is better a car or truck? It all depends on what investing goals are, without knowing your goals its tough to say... :pimp
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i think real estate, like buying a triplex here in montreal can be nice money and tax saving :thumbsup
:pimp Sam |
well hold here...depends what are yoyr goals?
Long term I would say real estate in a place like costa rica. Short term I would say gold. |
I can imagine you hoarding gold under your bed. I'd say gold.
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