This might seem like a broken record, but for the 9th year in a row, Gallup is reporting that more Americans prefer real estate over other long-term investment vehicles for growing wealth. When broken down, the numbers show that 45% prefer real estate (up 4 points from 2021), 24% prefer the stock market, 15% prefer gold, 9% prefer CDs/bank accounts, and 4% prefer bonds. The chart below from Keeping Current Matters illustrates the changes.
“Real estate is thought to be the best long-term investment option among all major demographic groups, with the exception of lower-income Americans, who are divided about evenly between real estate, stocks and gold. ” Gallup.
Click here to read the full report at Gallup.com.
Click here to read the full story at Keeping Current Matters.