Sunday, January 25, 2009
Where should I invest now?
The economy is in a recession, retailers are struggling to make ends meet with some as big as Circuit City going out of business, and large manufacturers are closing their doors, laying off workers, and seeking assistance from the federal government. What is an individual investor to do in light of such challenging times? After reading magazine after magazine and web site after web site, I don't have a comfort level yet that the stock market has stabilized and is ready for me to jump into. Although I may not be buying stocks, I have been able to make the numbers work in real estate investment properties locally. As such, I have found some great buys in the Arlington area and will be closing on a $100,000 studio in the Carlton this week. If you're trying to decide what to do with money you would like to invest, interest rates and the wide variety of homes with motivated sellers tells me now is the time to invest in real estate. Few other times will Arlington be so inexpensive, as well as other highly sought after areas this close to DC. If you're interested in hearing how I can help you, call or email me today.
Labels:
bear market,
buyer's market,
economy,
real estate,
real estate investing
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