Comments on: Black Monday… http://agbeat.com/editorials/real-estate/black-monday/ News, insights, tools, and inspiration for business owners and professionals Mon, 21 May 2012 04:53:16 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Athol Kayhttp://agbeat.com/editorials/real-estate/black-monday/#comment-3069 Athol Kay Mon, 21 Jan 2008 21:18:49 +0000 http://agentgenius.com/?p=876#comment-3069 I just see stocks and real estate as two different investment strats. Most normal people buying homes aren't usually viewing it as anything other than a place to live though. In that sense it's a pretty safe.. well "safe as houses" investment. Once you start pushing it purposely as investment though, their are serious risks (and potential rewards) to both options. One good thing about stocks though. If your stock tanks, what you had simply isn't worth much anymore. If you were a no money down cowboy and your property lost value... thats a scary place indeed. Agree with Benn, and with Ben. :-) I just see stocks and real estate as two different investment strats. Most normal people buying homes aren’t usually viewing it as anything other than a place to live though. In that sense it’s a pretty safe.. well “safe as houses” investment.

Once you start pushing it purposely as investment though, their are serious risks (and potential rewards) to both options.

One good thing about stocks though. If your stock tanks, what you had simply isn’t worth much anymore. If you were a no money down cowboy and your property lost value… thats a scary place indeed.

Agree with Benn, and with Ben. :-)

]]> By: Benjamin Bachhttp://agbeat.com/editorials/real-estate/black-monday/#comment-3051 Benjamin Bach Mon, 21 Jan 2008 17:41:26 +0000 http://agentgenius.com/?p=876#comment-3051 It's nuts to me to think that stock indeces are losing 3-5% value in ONE DAY. Sounds like a great place for your retirement funds :) I met with a client today who was planning to take some money out of her stock portfolio as a downpayment on a property closing in May - she has 5% less to put down, as of this morning. Moral of the story: put your downpayment funds in a money market account - security trumps return sometimes. Return OF equity first, then return ON equity. It’s nuts to me to think that stock indeces are losing 3-5% value in ONE DAY. Sounds like a great place for your retirement funds :)

I met with a client today who was planning to take some money out of her stock portfolio as a downpayment on a property closing in May – she has 5% less to put down, as of this morning.

Moral of the story: put your downpayment funds in a money market account – security trumps return sometimes. Return OF equity first, then return ON equity.

]]> By: Benn Rosaleshttp://agbeat.com/editorials/real-estate/black-monday/#comment-3050 Benn Rosales Mon, 21 Jan 2008 17:25:12 +0000 http://agentgenius.com/?p=876#comment-3050 The media will have this whipped into a frenzy by COB today. The media will have this whipped into a frenzy by COB today.

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