ShareGOBankingRates
When it comes to choosing the right mix of assets for an investment portfolio, it’s important to weigh the risks and effort involved against factors like time horizon and budget.
For many investors, sticking with traditional asset classes like real estate is still the way to go even amidst newer, alternative investment options on the market like cryptocurrency.
This is true even amidst still high mortgage interest rates, which are sitting at an average 6.84% APR on 30-year, fixed-rate mortgages.
It’s not that real estate investing is a guarantee — after all, nothing is. But many experts still prefer real estate over crypto, or more specifically Bitcoin.
According to the National Association of REALTORS®, the average homeowner has accumulated roughly $147,000 in housing wealth in the past five years. This only accounts for residential properties. Cryptocurrency is a lot less stable by comparison.