Investing in real estate on the rise
http://dervishcom.blogspot.com/2011/08/investing-in-real-estate-on-rise.html
Wayne Cummins's stock portfolio took a huge hit during the financial crisis, so he has been hanging on to more cash than usual instead of investing it. But with the balance slowly building up and interest rates only going down, something had to change.
"I'm just looking for a better return . . . than .0003 percent on a savings account," Cummins said. But he wasn't yet ready to jump back into the stock market, which this week posted some of the worst returns since the financial crisis. And with gold near record highs and a U.S. credit downgrade still threatening the bond market, there seemed no safe place to go.
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Source: http://feeds.washingtonpost.com/click.phdo?i=ef82d099946e4f3013ba69eef5c1f072
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