Stock Market Crash and Housing bubble, so where do you invest now
Released on: October 17, 2008, 12:54 am
Press Release Author: Lance Dorman
Industry: Real Estate
Press Release Summary: Why raw land investment may be the best solution
Press Release Body: Los Angeles, CA, Oct 17, 2008 -- Many investors worldwide have lost most of their retirement portfolio this past week in the stock market, and others have lost equity in their real estate investment properties. The simultaneous crash and bursting bubble have lost trillions in retirement investment for millions. An investor can hold and wait for the next bull market or housing boom which could take years. Or look at a centuries old successful long term investment plan of buying and holding pre-developed and undeveloped vacant land. Land values have also dropped this past year, but not anywhere near the losses in the housing or the stock market.
According to Daniel R. Aerman of inflatiointowealth.com the recent housing bubble in the US has lost six trillion dollars. The Congressional Budget Office has reported that American retirement savings accounts have lost two trillion dollars in value the past fifteen months. The Dow Jones is down forty percent the past twelve months, and half of that the past month. The bear market has reduced company stock values into the trillions. These are staggering figures, and this era will be remembered by all for decades to come. But where does an investor go from here a CD, treasury bonds, your mattress or safe?
Most of our investments have been in land in Southern California. We have made prudent investments at the low end of the market. The land market moves up and down with the real estate market, but you need to be knowledgeable in parcel values before you buy. Lance Dorman of Vacantlanddeals.com said, "We have been buying, holding and selling pre-developed and undeveloped land in Los Angeles and San Bernardino Counties the past five years". Vacantlanddeals locates property at or near commercial and residential areas, and they perform further research on zoning and development changes in target areas. They find this land from tax and probate sales, from long term property owners, and in market lows. There are currently market lows in land today in Southern California. These new market lows signal an ideal time to buy land. Land is low risk with low taxes and no maintenance, so with their expertise you can secure a low priced long term investment. Market crashes and bubbles create losses, but also new opportunities and vacant land could be your next investment.
VacantLandDeals.com was formed to help investors find land investment opportunities, especially to help them find California land in the path of growth. The company can be reached at 213-500-9578 or http://www.vacantlanddeals.com Press Release submission By PressReleasePoint(http://www.pressreleasepoint.com)
Web Site: http://www.vacantlanddeals.com
Contact Details: Contact : Lance Dorman VacantLandDeals.com Los Angeles, CA 213-500-9578 info@vacantlanddeals.com http://www.vacantlanddeals.com