Kansas City: T Need and Mcbride Notes

kansas city: Indeed, about one in three Americans now say real estate is their preferred way to invest for the long-term the highest percentage to date, according to Market Watch. The stock market is a distant second, with 20% choosing it as their top choice for a long-term investment vehicle. When asked their preferred way to invest money they won't need for more than 10 years, Americans' No. 1 choice is real estate, according to a survey of more than 1,000 adults from personal finance firm Bankrate. The reason most people feel real estate is the most preferred option is because it is tangible and they understand it, explains certified financial planner Mitchell C. Hockenbury of 1440 Financial Partners in Kansas City, Mo. And McBride notes that the short-term drops in the stock market do seem to have an outsized impact on how individual investors view risk, even though that risk diminishes over longer holding periods. And Greg McBride, Bankrate's chief economist, notes that the tangible nature of real estate likely makes it seem less prone to loss than the more abstract ownership stake in publicly traded companies held in your ETF. Meanwhile, buying equities isn't tangible to most, adds Hockenbury. (news.financializer.com). As reported in the news.