There are too many of us accepting terrible returns in the stock market. Yesterday, I heard that the stock indexes in the USA have a negative return since the beginning of this year.
Yesterday I also heard that housing prices in the GTA were up 8% in October 2011 versus October 2010. (source TREB). Even with the uncertainty in Europe.
What to do with this info?
At a minimum it is time to take stock of how your investments are performing. It is also interesting to note how much control you have over them. Real Estate ownership allows you to become an investor with control of direction and risk.
Keep posted for more on this topic as I am currently looking at Apartment buildings, condos, townhomes and student rentals for oppourtunities.
1 comment:
Good advice to have followed, Sept 2011/Sept 2014 show the average GTA sold price has increased from $465,000 to $573,000. Up 23%.
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