Imagine a time machine in which you could travel back to January, 2000. Now, as long as you're imagining, give yourself $100,000 to invest. Based on what you know, where would you invest that money to get the highest return on your investment?
According to research compiled by MSN and Money.com, if you had invested your money in the S&P, that $100,000 would only be worth $99,000. Investing in the NASDAQ would have lost 24.4% of your investment, leaving you only $78,600.
If you had invested in the Dow Jones, that $100,000 would now be worth $118,400, representing a 18.4% return on your investment. Not too shabby.
But, by far, the best long term investment you should make, if you're lucky enough to get transported back in time 12 years with $100,000, is real estate. A $100,000 investment in January, 2000, would yield you $136,700, representing 36.7% return on investment.
~ Wayne & Jean
Union County, NJ - a great place to live and work!
All opinions, information and data provided is deemed reliable but is subject to errors and omissions. Not intended to solicit other Brokers' clients. We cooperate with them fully.