In the most recent national Bankrate survey, real estate was once again voted “Americans’ [number one] preferred investment choice for the long term.”  (In this context, “long term” means over the next 10 years.)  According to Bankrate, real estate has been the top choice in five of the last seven years.  Ousted by only a 2% drift towards stocks in 2020, real estate made a strong comeback the following year.

Real estate won out for most desirable place to invest money long-term over certificates of deposit (CDs), gold, the stock market, bonds, and others – including cryptocurrency, which rose in popularity last year in the survey.  Interestingly, real estate is most preferred by younger Millennials (people in their late 20s and early 30s), but far less preferred by Boomers (the generation born between 1946 and 1964).

According to the survey, the view that real estate is a more “stable” long-term option also ties to people feeling uncertain about the stock market’s volatility and lack of tangibility.  A similar concern about volatility carries over to cryptocurrency.  Although more Americans (especially Millennials and younger) are interested in crypto as an investing option, 33% percent of people surveyed reported feeling “not at all comfortable” with crypto.  But that attitude seems to be changing as more people learn about it.  (If you’re interested in this topic, you can read our introduction to blockchain technology here.)

Regardless, we’re glad to see real estate still takes the cake.  However, we’ll be the first to tell you that it’s all about how you invest — not all real estate is created equal.  Just because something is “tangible” doesn’t make it inherently valuable.  Look for real estate options in stable markets and don’t focus too much on appreciation.  No investment is truly predictable long-term, but hopefully the insight we share based on our experience in this industry will give you a leg-up.  (Check out our article here about how to seek out “future-proof” investments.)  It will be interesting to see which investment options reign supreme this year, and we’ll share the findings when Bankrate publishes a new report.

 

 

 

 

 

 

 

 

 

 

 

In the most recent national Bankrate survey, real estate was once again voted “Americans’ [number one] preferred investment choice for the long term.”  (In this context, “long term” means over the next 10 years.)  According to Bankrate, real estate has been the top choice in five of the last seven years.  Ousted by only a 2% drift towards stocks in 2020, real estate made a strong comeback the following year.

Real estate won out for most desirable place to invest money long-term over certificates of deposit (CDs), gold, the stock market, bonds, and others – including cryptocurrency, which rose in popularity last year in the survey.  Interestingly, real estate is most preferred by younger Millennials (people in their late 20s and early 30s), but far less preferred by Boomers (the generation born between 1946 and 1964).

According to the survey, the view that real estate is a more “stable” long-term option also ties to people feeling uncertain about the stock market’s volatility and lack of tangibility.  A similar concern about volatility carries over to cryptocurrency.  Although more Americans (especially Millennials and younger) are interested in crypto as an investing option, 33% percent of people surveyed reported feeling “not at all comfortable” with crypto.  But that attitude seems to be changing as more people learn about it.  (If you’re interested in this topic, you can read our introduction to blockchain technology here.)

Regardless, we’re glad to see real estate still takes the cake.  However, we’ll be the first to tell you that it’s all about how you invest — not all real estate is created equal.  Just because something is “tangible” doesn’t make it inherently valuable.  Look for real estate options in stable markets and don’t focus too much on appreciation.  No investment is truly predictable long-term, but hopefully the insight we share based on our experience in this industry will give you a leg-up.  (Check out our article here about how to seek out “future-proof” investments.)  It will be interesting to see which investment options reign supreme this year, and we’ll share the findings when Bankrate publishes a new report.