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Politics : Formerly About Advanced Micro Devices
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To: SilentZ who wrote (577387)7/22/2010 3:23:57 PM
From: tejek   of 1575623
 
A very wealthy mentor of mine told me, who went to business school at Wharton, about six months before the bubble burst that his very wealthy and successful father told him when he was younger that real estate is always a safe investment. I didn't buy it.

It is generally true but with caveats. It depends on the location and may not be in the short term.
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