Survey Says… Our Best Investment

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May 4, 2016 by Jeff Lowen

What’s the number one, most important investment you can make for you and your family? As disappointed I was when I guessed pork futures and chocolate kisses, believe it or not, it’s real estate! Who says? Read on…

The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks & mutual funds, gold, savings accounts or bonds.

Here is the breakdown:

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The survey revealed that real estate was the number one choice among each of the following groups:

  • Men
  • Women
  • People between the ages of 18-29
  • People between the ages of 30-49
  • People between the ages of 50-64
  • People 65 and older
  • People with annual earnings of less than $30,000
  • People with annual earnings between $30,000 and $74,999
  • People with annual earnings of over $75,000
  • People with a college degree
  • People without a college degree
  • People that breathe (Ok… I made this one up!).

Even stock investors ranked real estate number one. According to the report:

“With housing prices showing a steadier path upward in recent months, even stock investors are about as likely…to choose real estate (37%) as stocks (32%) as the best long-term investment.”

Real estate has a couple of caveats… It’s not being made anymore, only built upon, and it’s pretty safe to say, albeit a major tectonic plate shift, that it will stay put right where you bought it. Accurate surveys aside, I know I wasn’t asked in this one, how ’bout you? Do you feel the same? Is real estate your best bet?

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