Real estate
There are many ways you can invest
in real estate. Of course, if you own your own home, that's
a major real estate investment. But there are a number
of other investment opportunities in real estate. You could,
for instance, become a partner in a construction project,
develop an empty lot, buy rental property, or participate
in a real
estate investment trust (REIT) or limited partnership.
Real estate can be appealing since it can provide a hedge
against inflation, make you eligible for a variety of tax
deductions and exclusions, and increase in value dramatically
in some markets. The downside is that real estate may be
hard to sell when you need to, especially at the price
you want. |
Professor
Roger Ibbotson, Yale University, chairman and founder
of Ibbotson Associates 
