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Technology Stocks : Apple Inc.
AAPL 278.28+0.1%Dec 12 9:30 AM EST
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To: rnsmth who wrote (140881)9/16/2012 6:10:39 PM
From: Edward Boghosian  Read Replies (1) of 213176
 
msmth:

Many fortunes were made starting with real estate. Like anything else, it requires work and angst. If commercial, hope the tenants stay in business. If residential, hope they pay the rent and on time. But, that's the way it goes with real estate. The assumption being that it will appreciate and the rent will more then pay the mortgage. Oh yes, then there's the depreciation write off etc., etc.

But one cannot say that about stocks. Although you're 366% ahead, if you did not have Apple or if Apple has not become such a winner where would you be like everyone else who owns Apple whether it be stocks outright or options.

Real estate is the start of great fortunes. I would put it ahead of stocks although I have Apple.
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