Real-estate - not what you thought

This is form Yahoo! Personal Finance:

According to the study, home values underperformed stocks and bonds over every five- and 10-year period from 1963 to 2005. Home values have been slightly above the returns on treasury bills during the same time, according to the report, "The Equity You Live In: The Home as a Retirement Savings and Income Option."

Hmm. Not exactly a fair comparison, since if I sold my house and bought equities, I'd have to pay rent, which would, I presume, seriously degrade the equity performance. It seems that a fair comparison should be possible. Where is it?

Posted by BradRubenstein at 09:15 AM | TrackBack

No, You Can't Serve

I found this note in Army Giving More Waivers in Recruiting - New York Times to be amazing...

Fewer than 3 in 10 people ages 17 to 24 are fully qualified to join the Army. That means they have a high school diploma, have met aptitude test score requirements and fitness levels, and would not be barred for medical reasons, their sexual orientation or their criminal histories.

Posted by BradRubenstein at 01:13 AM | TrackBack