Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (1337)	1/11/2002 12:37:57 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

The high transaction costs are precisely why I keep saying, over and over, that real estate is not a short-term investment. You can't time it for interest rates, market value, appreciation potential, or anything else. It doesn't matter when you bought it; what matters is how long you keep it. You just buy good real estate when you need it and let time take care of the rest. The important factor here is TIME. (I believe that's what people say about investing in mutual funds----it's not the time you got in the market, it's the time you spend invested in the market that makes the money) P.S.---I hate mutual funds. My primary-residence real estate does not require me to pay fees to anyone, and I might get out of it at the end with profit but no capital gains tax.