I always think the best rental property is to own your own house. You get the best tenant: yourself, so it is guaranteed occupancy 100% of the time. And you get lower owner-occupied rate.
[quote=kev374]So, at this stage it is either get back into stocks (which are at all time peaks) or get into real estate investment at a $700-800k price point which is nerve racking.[/quote]
Yes, savers are screwed as all assets are very pricey at the moment, and I don’t see any reason for the liquidity to dry up anytime soon. As GMO says, “Either valuations will revert to historically normal levels and near-term returns will be very bad [purgatory] or valuations will remain elevated relative to history [which means]… near-term returns will be less bad but still insufficient to investors to achieve their goals [hell].”
[quote=HLS] many stocks are nowhere near “all time peaks”(The manipulated indexes are at peaks)
Plenty of ways to make money if you think the indexes are going to fall. Plenty of stocks may be cheap today.[/quote]
While there’re plenty of stocks that may be cheap today, I don’t understand the argument that they are cheap because there are nowhere near “all time peaks”. Individual stock doesn’t follow mean reversion. Bad stock goes to zero and good stock goes close to trillion dollar valuation. Individual stocks at all time peaks do not mean they are bad investment, as long as they are still priced lower than the future discounted cash flow, or grow faster than the market currently predicts.
