FiChai

To put money in stock and wait for 10 years, still risky. But to buy a housing as investment and also wait for 10 years, almost a guarantee to be a gain. Just look at the real estate stat back for the past 30+ years, no matter you bought your housing at the highest point or mid-point or lowest point, you'll have a gain after 10 years.

FiChai

didn't i mentioned the real estate stat is based on population explosion of the baby boomers? you  ...
Ovaltine 發表於 2011-1-29 22:29

Of course I know. But to compare to put money in stock market vs real estate, both for a 10 year term, which one do you think is safer or less risky?

FiChai

Based on stat (not me), invest in real estate for a 10 YEAR TERM (NOT 1 or 2 YEAR SHORT TERM) is ALMOST a gain. And no matter people invest in real estate or stock, nobody can tell the future anyways.
Not only Chinese would buy real estate for investment, but also many Caucasians would do. I have no stat of which race group have more investments though. Actually I think it's not a must to buy your own home to live in, it's really not a problem for renting a house/suite for the whole life. But when it comes to "long term investment", I think real estate is a relatively safe play.

FiChai

real estate is not safe at all, with so much economic uncertainty looming. it seems like the econo ...
Ovaltine 發表於 2011-1-31 03:03

I think nothing is gonna 100% safe investment. Not to challenge you, but please do let me (us) know what investment is 100% safe, during normal days and especially at war. As far as I know, stock could come to 0 value, but I never seen a 0 value house in general cases.

FiChai

Not only they have $0 value, sometime they have neg value.

Remember the RE value in HK after 19 ...
Look4chrisng 發表於 2011-1-31 12:03

I want to compare the risk of real estate vs stock as investment, which real estate is territorial and stock is global. I'm talking about real estate investment here in Vancouver vs global stock market, which is more risky?

FiChai

IMO, very low income means not too much spare money and can bear very little risk for investment. It might not be a bad idea for just putting money in bank savings or term deposit. For that VERY LITTLE MONEY (as you described), neither it's good to put in real estate nor stock market la.