Why real estate is a good investment despite rough times for the housing market the last few years. Also this Memorial Day, we discuss why everyone is so upset about the Facebook IPO. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show May 27, 2012 on WSB Radio.
Happy Memorial Day weekend to all my listeners. I am thinking of our troops today – present and past – who have given their lives for our country and I feel such pride.
Today we’re discussing why real estate is a good investment, even the home in which you live. When you sink roots into a community and build your life somewhere it’s strange to think of your house as a financial asset. And that’s partly right. It is not the kind of investment where we’re destined to make a quick buck. It’s not a stock.
Homeowners can lose money when they decide to buy, and if you’ve purchased since 2002, you probably have lost some net worth. But that doesn’t change the fact that the purchase of a residence is still a long-term investment in your future and that of your family. The housing market has traveled a rocky road the last few years but home ownership is still one of the great cornerstones of American security.
Callers and I discuss why real estate is still a good investment. Also, did you buy Facebook stock? What’s your take on the Facebook IPO?
You can get more personal finance advice, real estate advice and consumer advice by listening to this radio show and by listening to my other radio shows. Simply download them to your phone or audio player. You can also read our articles on real estate, credit, and consumer advice articles as well.