The stock market is doing much better right now. But, the chart I've reproduced above shows that from January 1, 2000 until February 1, 2012, that whether you invested $100,000 in the DOW, the S&P, the NASDAQ, or in Real Estate, Real Estate proved to be the better investment. So, even in what some consider the worst decade of real estate in America, real estate was still a great investment.
As the stock market continues to improve, people may start thinking that the stock market is a better place to invest their funds. My point to those folks is to please just keep the above graph in mind because it proves that that just isn't so!
If you have any questions, please do not hesitate to call me. You can reach me, Don Ricedorff, at The Wells Group 970-375-7014, don@frontier.net, or at my website at durangorealproperty.com.
Don Ricedorff is a licensed real estate broker in the State of Colorado, with 18+ years of experience, and he resides in Durango Colorado.He has numerous real estate designations, which have provided him with an unparalleled education to assist his clients. The designations include:
CRS, Certified Residential Specialist
CRB, Certified Residential Broker
CCIM, Certified Commercial Investment Member
CDPE, Certified Distressed Property Expert
ABR, Accredited Buyer Representation
GRI, Graduate of Realtor Institute
RSPS, Resort and Second Home Property Specialist
CIPS, Certified International Property Specialist
SRES, Senior Real Estate Specialist
He is also an active volunteer in the community and his church. His highest aspiration is spending time with his wife, Janet, and his three children Kelly, Katie, and Kyle. His other interests include playing tennis, fly fishing, hiking, boating, and water skiing.
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