Real Estate for Retirement Investing, Ask the experts.
I would like to advise you to consult a retirement investment professional before making a retirement decision.
In my opinion these financial retirement experts appear to be losing proficiency in their subject, especially if we look at our dwindling retirement accounts.
I am not an expert in retirement investing! I am a licensed Wayne New Jersey real estate professional with 20 years of experience. I am fluent in Spanish, graduated college in Spain and have a real estate brokers license. As a mother of four I advocate that Wayne New jersey offers a great school system.
Would you like to know my best retirement advice? In my first years of real estate I attended many educational workshops, one particular speaker gave the audience the following advice:
"You don't get rich selling real estate you get rich buying real estate."
This idea stayed in my mind. I have come to the conclusion that this is the best advice I ever received. Just use your common sense look around, small investors (first time buyer) to great investors (real estate moguls) all accumulate wealth investing in real estate. It is not too late you can accumulate wealth as well in real estate.
Are there any cons ....? If you have a retirement account available to you, most likely it is a defined contribution plan such as a 401 K plan. These plans mostly invest in stocks and bonds which expose you to stock market risk (we all know about that). The most difficult thing about this is the decision making is placed in the hands of the owner, not understanding all the particulars, we are making mistakes every step of the way.
Well a house is house, a house it is........ Investing in real estate is tangible. It offers an array of investment levels and products for all types of investors. Real estate provides one of your basic needs, shelter. It can produce income, offer tax deductions, capital gain, along with many other benefits. Just as important is the fact that it allows you the opportunity to diversify your investment portfolio to minimise investment risk.
After 20 plus years of experience, helping buyers and sellers to buy and sell real estate in Wayne New Jersey and Pompton Plains New Jersey I can testify that real estate is a great retirement investment. It is very gratifying for me to help first time buyers to meet their basic need of shelter and send them on the road to build wealth in equity. Working with savvy investors is a challenge for me. It has helped me to learn and grow from their knowledge of wealth accumulation.
Get on the path of retirement security. Currently there are bargains in real estate and low mortgage interest rates.
Contact your local realtor today.
Contact me if you have questions about investing in real estate. Lets not forget about the performance of guaranteed fixed annuities. That is a topic for another day.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved