Did you own Wachovia stock back in 2008? It was worth around $38.03 at the end of 2007. In less than a year the entire Wachovia bank which was built entirely on the foundation of the R.J. Reynolds Tobacco in Winston-Salem North Carolina, was nearly wiped out.
On the last Friday in September 2008 the stock was worth around $36 and at the end of the day the following Monday it was worth less than $1, representing a total wipe-out for the stockholders.
Have you ever seen that in real estate? I’ve seen it go down but I’ve never seen it go down like that.
Real Estate is a Tangible Asset!
Yes, real estate is a tangible asset. Can you insure it? YES you can! So if it burns down you get paid? Can you insure stocks? Nope
Do you own stock in any of the BIG boys like Google, Microsoft, Coca-Cola, Apple etc? Can you go and talk to the Bill Gates, Warren Buffet…the CEO of Starbucks, General Electric, Caterpillar and ask them how’s business going? You can’t right. But if you invest with real estate entrepreneurs in your local communities you can drive by that piece of real estate and put your eyeballs on it and touch it. It’s TANGIBLE!
You can see if it has been leveled, if the grass is high or if a family is living in it?
Basically, you have more CONTROL of that aspect of it.
What do stockbrokers allow you to invest in? Stocks and bonds, right? Can you touch your stock? Are you in control of your stock? Nope!!!
So if you have the chance to invest in an alternate asset class like REAL ESTATE…wouldn’t that make your portfolio stronger?
This is a snippet of what I do. I educate others how to diversify to fortify their portfolio by using the profits from real estate to skyrocket the value of their retirement accounts.
********************************* If you are reading my blog for the first time, let me inform you that… My company buys single-family houses and I write this blog bi-weekly which is primarily directed to educate 1 group of individuals:
Individuals who are losing their shirt as a result of the “roller coaster” volatility of the stock market and low paying rate of other traditional investments, i.e. people that are looking for an opportunity that’ll provide a secured place to put their money to get it working for them to earn better than average returns.
However, often times, homeowners that need to sell their house, stop by to take a peek because they are curious and wondering how and/or where we get the funding to purchase houses. And if they stick around long enough, they begin to understand why individuals partner with us to provide the funding which empowers us to be able to purchase real estate on a continual basis. Simple, it’s because we teach them a secured way to earn better rates of return than they are currently earning.
Request your FREE Education Kit if you are interested in learning how passively investing in real estate may help place you in a better financial position.
Disclaimer: This site is intended for educational purposes only. I am not an accountant, attorney or licensed financial planner. While the information I’m writing here is based on many years of experience buying houses that doesn’t really constitute professional advice (since everyone’s experiences and situations are different).